Cyprus: International Arbitration Comparative Guide

1 Legal framework

1.1 What is the relevant legislation on arbitration in your jurisdiction? Are there any significant limitations on the scope of the statutory regime – for example, does it govern oral arbitration agreements?

The laws that apply to arbitration in Cyprus are as follows:

  • the Arbitration Law (Cap 4);

  • the International Commercial Arbitration Law (101/1987) (‘ICA Law'), which is based on the UNCITRAL Model Law of 1985 and applies only to international commercial arbitration;

  • the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which was ratified in Cyprus by Law 84/1979; and

  • the Foreign Court Judgments (Recognition, Registration and Enforcement) Law (121(I)/2000).

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