11 SEP, 2018
3rd September 2018
Foreign judgments can be enforced in Cyprus either on the basis of EU law or on the basis of bilateral/multi-lateral agreements between Cyprus and non-EU member countries.
Enforcement of foreign judgments between EU member states:
Regulation (EU) 1215/2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (Brussels Regulation) governs the recognition and enforcement in one EU member state of a judgment obtained in another member state. The Regulation provides that a judgment given in one member state shall be recognised in another without the need for any special procedure.
In addition a judgment given in a member state which is enforceable in that member state shall be enforceable in the other member states without any declaration of enforceability being required.
However, the person against whom enforcement is sought is able to apply for refusal of the recognition or enforcement of a judgment based on a number of factors including the following:
Enforcement of foreign judgments pursuant to bilateral or multi-lateral agreements:
In relation to the recognition and enforcement of foreign judgments Cyprus is bound by a number bilateral treaties with Bulgaria, China, Germany, Greece, Hungary, Poland, Russia, Serbia and Syria, and it has signed and several multilateral conventions relating to the recognition and enforcement of foreign judgments.