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For years, Cyprus has spoken about resilience. We say the economy is holding up, that growth remains solid, that public finances are improving and that the country continues to attract international business. All of that is true. But under the current geopolitical conditions, those facts on their own are no longer enough.
On 7 May 2026, the European Banking Authority (EBA) published the final report on amending the Guidelines on the application of the definition of default under Article 178 of Regulation (EU) No 575/2013 (CRR), following the CRR3 amendments to Article 178(3)(d).
Further to our VAT Alerts in October 2025 and March 5 2026 for the Arcomet Towercranes case (C-726/23) and the Attorney General decision on the Stellantis Portugal (C 603/24) case, the European Court of Justice on 13 May 2026 issued its decision on the Stellantis case in relation to the treatment of transfer pricing adjustments from a VAT perspective.
The necessary expertise and technology are more affordable than ever before and the value they’ll gain massively outweighs the challenges they’ll face during implementation.
New technology can free up tax professionals to take on a strategically influential role and generate the analytical insights. So how can your tax function take advantage of the changes ahead?
Our IBR global business executive survey found that export expectations hit an 18-month high in the first quarter of 2017 after years of economic stimulus by governments and central banks take hold.
The GCC’s economic reforms are creating private sector opportunities for investment as oil revenues decline. Read more.
Determining the value of a start-up can be a challenge. Entrepreneurs need to establish how much to give away in return for investment, and investors need to evaluate their next venture.
After twenty years of development the IASB has published IFRS 17 ‘Insurance Contracts’, find out more.
The Eurozone has since been expanding steadily and it is on course for its third consecutive year of above-trend growth according to Grant Thornton’s International business report
Smart sale and purchase agreements and valuations avoid disagreements and close deals faster. Find out how to negotiate the equity value and SPA on your next deal.
IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
Risk specialists from Grant Thornton in the UK, US and Canada share their experiences and provide practical recommendations for tackling human slavery challenges and protecting value in your supply chain.
How can family-run firms avoid failure and survive into future generations despite having a high failure rate.
Our International Business Report (IBR) survey finds an improving global economic picture.
In today’s fast paced, dynamic and turbulent business environment, leaders need to be kept abreast current regional and macroeconomic trends to support strategic business decisions.
How do today’s leaders ensure that their businesses can anticipate and overcome cyber risk?
2016 was a year of firsts for the Nigerian tech sector as investment grows.
Business leaders around the world, for the most part, enter 2017 in a positive frame of mind. Globally, business optimism stood at 38% at the end of 2016, representing a 5 percentage point jump from the previous quarter.