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Recognition of securitization.
Cyprus does tick all of these boxes and meets the required
levels in each of these areas. Consequently, it certainly can be
looked on favourably when making the choice of jurisdiction.
Stable and Secure Legal System
Cyprus is a common law jurisdiction whose laws are firmly based
on English law, as now supplemented and updated by EU law. The
Cyprus legal and regulatory system is well developed, stable,
sophisticated and user friendly. The trite principles of law that
underpin most aviation finance and leasing structures are also
recognized and well established in Cyprus. Cyprus, as a
jurisdiction, is very familiar with international financing ....

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