Mirza Manraj


Elina Mantrali is a member of our Tax and Regulatory practice group within the Cyprus office. She regularly advises clients on regimes governing banks, investment funds, investment firms, securitisation structures, payment services providers and fiduciaries.

Elina specialises in both contentious and non-contentious financial services law and regulation. Her practice also includes advising on anti-money laundering, the automatic exchange of tax information and EU/Cyprus economic sanctions regimes. 

Additionally, Elina is an integral member of our Regulatory team assisting UK/US top tier and magic circle law firms and global investment houses on the implementation of all key EU Single Market Directives in Cyprus. Elina is also a regular contributor to our Regulatory Blog.

Elina's recent experience includes:

  • Advising one of the world’s premier investment managers on the bidding process for the potential purchase of a €5.7 billion portfolio of medium and large-size NPL exposures of one of the largest banks in Cyprus.
  • Acting for and providing advice on Cypriot law matters to The Brink’s Company in connection to its acquisition of the majority of G4S plc’s cash operations for US$860 million.
  • Advising on the Cyprus law regulatory and tax aspects of the placing and sale of global depository receipts representing interests in class A shares in TCS Group Holding PLC (the parent company of Tinkoff Bank) by Altoville Holdings Limited, the joint-controlling shareholder of Russian consumer lender TCS Group, to raise US$150 million.
  • Advising Etalon Group PLC on its secondary public offering of ordinary shares, including in the form of global depositary receipts (GDRs) listed on the London Stock Exchange and the Moscow Exchange. The offering consisted of an offering of rights to subscribe for new ordinary shares, including in the form of GDRs, to existing holders of the company’s equity securities, followed by a marketed offering to institutional investors of ordinary shares not taken up during the rights offering in the form of GDRs.

Team members