Visible female leadership and a commitment to gender equality can help propel progress towards gender parity in mid-market leadership. Read the full report to learn more about the value of visibility and the positive impact gender-balanced leadership can have. More voices. More visibility. More momentum.
The EBA has published the second phase of its IRRBB Heatmap Implementation, outlining medium- to long-term supervisory objectives for IRRBB and CSRBB. The update shifts the focus from remediation towards consistency and proportionality, with particular emphasis on the most recent results of SOT analysis, the monitoring of the 5-year cap on NMDs repricing profile, commercial margin modelling, CSRBB perimeter identification, and hedging strategies. In this article, we summarise the key supervisory observations and recommendations and what they mean in practice for financial institutions.
Explore what superintelligence really means, the risks, opportunities, and ethical challenges of AI surpassing human intelligence - and why the time to act is now.
The Tax Department has issued a notice reminding that in accordance with Regulation ΚΔΠ 268/2020 the reduction from 9% to 5% of the VAT rate which applies to the aforementioned services is effective only for the period from 1/7/2020-10/1/2021.
We would like to inform you that in accordance with an announcement issued by the Cyprus Tax Department on 15 December 2020, the following filing deadlines are extended to 31 January 2021
The DPO’s role is to ensure compliance with the data protection laws that apply to the organisation, and it carries many responsibilities.
As a service organisation there are many ways to provide assurance to your customers and in turn other stakeholders over your control environment. One of the most effective and cost efficient ways is to issue a Service Organisation Control (SOC) Report.
Technology moved from a growth enabler to a business continuity factor in lockdown. As businesses readjust for the future, it needs to do both.
Risk management and governance are essential enablers of growth. Like the brakes of an F1 car, they are the controls that allow you to accelerate safely.
When the rules of the race change, it is the most prepared teams who have the advantage. So too for businesses when regulatory changes loom.
COVID-19 continues to challenge the business landscape like no other event before it and many in the mid-market are now fully-focused on building greater resilience into their operations.
Employees are the fuel of any organisation, they need to function at their best to enhance future performance.
Finance is the engine oil of any business and preparing your business to raise capital could be critical to keeping you on the road to recovery.
Onboard analytics help racing cars align the performance of the vehicle with the conditions of the track, similarly businesses must use insight to adjust to customer behaviour and restore growth.
Knowing where, when and how to overtake your competitors requires planning and a thorough understanding of their strengths and weaknesses.
In times of extreme economic challenge, don’t just power through the crisis, pause for a pit stop to retune your business for the twists and turns on the road ahead.
Organisations that can quickly adapt to changing conditions will find themselves in pole position for the course ahead.
A new VAT law amendment (Decree N.147(I)/2020) published in the Cyprus Gazette on 2/11/20 provides for an extension of the payment for the outstanding amounts arising from the VAT returns submitted for the periods ending 29 February, 31 March and 30 April of 2020.
