Dimitris is a senior member of the firm’s Financial Services and Regulation Department.
Prior to relocating in Cyprus in 2014, Dimitris was practicing law in Greece and worked for a top tier Banking, Finance and Capital Markets law firm in Greece where he amassed considerable experience in complex domestic and international M&A, securities finance and regulation and capital markets transactions particularly advising Citibank as well as in-house lawyer in a leading group of companies. Having worked in Greece in the aftermath of the Greek bailout and the Private Sector Involvement, Dimitris has invaluable up-to-date specialist experience of issues such as currency redenomination, investment in distressed assets, credit institutions’ and investment firms’ regulation and resolution, areas that are currently also highly relevant in Cyprus.
As part of the firm’s Financial Services team, Dimitris advises Cyprus, EU and third-country credit and financial institutions, investment firms, funds and leading corporations and their legal advisors on complex Cyprus and EU legal, regulatory and corporate matters. Dimitris has extensive domestic and international experience in the fields of banking and finance, capital markets and corporate law, and advises investment firms, banks and funds on the Cyprus law and regulation on the offering of investment services in connection with MiFID I & II, MiFIR, EMIR, CSDR, AIF and AIFM Laws and UCITS Law, as well as issuers and other interested parties on the applicable Cyprus legislation with regard to the Prospectus and Transparency Directives, the Market Abuse Regulation and the regulatory framework as set out by the Cyprus Securities and Exchange Commission in respective directives and circulars. He also advises local banks and branches of non-EU banks as regards the legal and regulatory matters arising from the offering of banking, investment services and investment-based insurance products in Cyprus under the Cyprus Banking Law, CRD IV and the BRRD as well as on the applicable regulatory framework of the Central Bank of Cyprus, CySEC and the Superintend of Insurance.
Significant past matters include: Advised Blackstone in the acquisition of a stake in a Cyprus-based holding company, Advised a local bank in the potential acquisition of the performing portfolio of another local bank, Advised leading UK-based institutions in the Brexit-preparation and implementation plans, Advised O1 Properties, one of the largest owners of class-A office real estate in Moscow, on Cyprus securities law and regulation matters in connection with its USD 350 million Eurobond issue, listed for trading on the Irish Stock Exchange; Advised a foreign bank in the course of its due diligence exercise over the potential acquisition of the assets and loan portfolio of a local bank; Advised the potential investor (a major New York and London based holding group of companies) in connection with the acquisition of the business of a local bank; Advised a potential purchaser of the shares in one of the largest local telecommunications companies; Advised the coordination committee of leading local banks on the refinancing of the banking loans of a large Cyprus-based group of companies; Advised a local bank on the refinancing of the banking loans of a local hospitality entity.