Terms | Privacy Policy
Cookie Policy

The applicable law governing the Terms of use of this website is Cyprus law.

Copyright

We reserve all copyright of this website under the applicable law. No actions in relation of copyright of this website can be taken without our prior written consent or under the applicable law except temporary copy, print of all or part of the content of this website for the sole purpose and personal use.

Publications

The content of this website is for general information purposes only and do not constitute professional legal advice. Any action on the basis of the publications located on this website, must be preceded by a professional legal advice.

Disclaimer

The content of this website is provided for general information purposes only and sometimes may be out of date, as it is updated from time to time. We are not responsible and liable for the use of information taken from this website and for any computer viruses and malicious programs. Information transmitted via this website will pass over public telecommunications networks. We do not guarantee the operation of this website without interruptions or errors and we are not responsible and liable in respect thereof.

Linking

No links to this website may be used in any other website, without our written consent and in case if this website contains links to other websites we are not responsible and liable for content downloaded from any other website which is linked from or to this website.

This Privacy Policy are the rules of storage and processing of your personal data in accordance with the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation), the Article 13 "Professional secrecy" of the Advocates' Code of Conduct Regulations of 2002 and the provisions of the Law for the Protection of Natural Persons with regard to the Processing of Personal Data and for the Free Movement of such Data of 2018 (Law 125(I)/2018).

OLGA L. PSHENICHNAYA & CO LLC (or 'we', 'us,' 'our'), is the Controller in accordance with the Regulation (EU) 2016/679 (GDPR) due to being supervised by the Cyprus Bar Association and shall bear the obligations of Controller in accordance with the Regulation (EU) 2016/679 (GDPR).

Personal Data Collection

We collect Personal Data which is provided by visitors directly or by any authorized by visitors third persons or from available sources for specified, explicit and legitimate purposes, purposes of ordering of our services.

Processing of Personal Data

Confidentiality regime by engaged persons

Processing of Personal Data we shall ensure that confidentiality regime is observed by our specialists, consultants, auditors, and any other persons engaged and pursuant to the Article 32(4) of the Regulation (EU) 2016/679 (GDPR) we shall take steps to ensure that any natural person acting under our authority who has access to personal data does not process it except on our instructions, unless he or she is required to do so by Union or Member State law.

Transfer of Personal Data

We may transfer our customers' Personal Data upon the request of competent state authorities or under the requirement by law, or if the relevant data is already in the public domain and/or upon the request of financial organizations, insurers, lawyers, auditors and other agents, for whose intermediary services was obtained consent or order from our customers.

Transfer of Personal Data Outside the EU/EEA

The Personal Data may not be transferred to countries outside the EU and/or the European Economic Area (EEA) without our prior written consent as Controller. If Personal Data processed is transferred from a country within the European Economic Area to a country outside the European Economic Area, the Processor and we as Controller shall ensure that the Personal Data are adequately protected.

We may transfer our customers' Personal Data to countries outside the EU and/or the EEA if:

• The country where we transfer the Personal Data to ensures an adequate level of protection under the decision of the Commission;
• The country where we transfer the Personal Data is the United States of America in accordance with EU/US Privacy Shield.

The exceptions are:

1. The customer has given his or her explicit consent to the restricted transfer, Art. 49 (1)(a).
2. We have or are about to enter into a contract with the customer and the restricted transfer is necessary for us to enter into Art. 49 (1)(b) or perform that contract Art. 49 (1)(c).
3. We need to make the restricted transfer for important reasons of public interest, Art. 49 (1)(d).
4. We need to make the restricted transfer to establish, make or defend a legal claim, Art. 49 (1)(e).
5. We need to make the restricted transfer to protect the vital interests of a customer in case if a customer is physically or legally incapable of giving consent, Art. 49 (1)(f).
6. We are making the restricted transfer from a public register, Art. 49 (1)(g).
7. We are making a one-off restricted transfer, which is our compelling legitimate interest, Paragraph 2, Art. 49.

Storage of Personal Data

Pursuant to the Recital 39 of the Regulation (EU) 2016/679 (GDPR) and the Article 68 of Cyprus Prevention and Suppression of Money Laundering and Terrorist Financing Law 2007 (188/(I)2007) as amended up until 2019, we shall safekeep Personal Data of our customers within 5 years after the date of cessation of any Services and promptly delete all originals and copies of those Personal Data after 5 years following the cessation of Service.

In accordance with the Article 141 of the Company Law, Cap. 113 and the Article 43 of the 10th Annex of the Value added tax Law of 2000, accounting books and files shall be safekept within 6 years after the date of cessation of any Services.

Rights of Customers

• In accordance with Article 34 of the GDPR, when a Personal Data breach is likely to result in a high risk to the rights and freedoms of customers, the customer shall have the right to be informed about the Personal Data breach in clear and plain language.
• In accordance with Articles 13, 14 and 15–22 of the GDPR, customers have the right to receive information relating to their Personal Data without undue delay in a concise, transparent, intelligible and easily accessible form.
• Customers may receive their Personal Data in a structured, commonly used and machine-readable format and transmit those data to another controller without hindrance.

In accordance with the Electronic Communications Act, all visitors to a website with cookies must be informed that the website contains cookies and of the purpose for which cookies are used. Cookies are small text files that are stored on your device when you visit websites. They stay on your device until they are deleted. Visitors must approve such cookies being used.

Our website may collect information as you browse, including:

• Your internet service provider, browser type, operating system and device type
• Pages viewed and information accessed
• Information about country and city
• The IP address used to connect your device to the internet

If you would like to avoid cookies, you can set your browser to reject cookies or to notify you when a website puts a cookie on your device. Rejecting cookies may affect the access to our website.

Last updated: 2026  ·  Governing law: Cyprus  ·  Controller: OLGA L. PSHENICHNAYA & CO LLC