This webinar will focus on the current efforts by the Cyprus Ministry of Justice and the Cyprus Bar Association to render commercial mediation compulsory for smaller claims, i.e. disputes up to 10,000 EUR.

Thus, the key characteristics of mediation will be analysed, in an effort to explain and evaluate how this mechanism can contribute to enhancing the effectiveness of the dispute resolution regime in Cyprus.   Furthermore, the current national legal framework on civil and commercial mediation will be presented, providing a basis for critical discussion of the proposed reforms.

Presentation Objectives

• Contextualise the role of mediation in Cyprus’ legal system and its growing importance

• Review the key characteristics of mediation as an alternative dispute resolution mechanism.

• Explore the current legal framework for civil and commercial mediation in Cyprus.

• Critically assess the proposed reforms to make mediation compulsory for smaller commercial claims.

• Discuss the practical implications and the future of mediation in Cyprus.

Presentation Outline

• Introduction

• Understanding mediation as a dispute resolution mechanism, compared to litigation

• Current legal national framework – challenges and limitations

• Proposed reforms of the legal framework and status of mediation in civil and commercial matters

• Practical Implications and Future of Mediation in Cyprus