Announcement #17 – CYFA Signs Memorandum of Understanding with ICPAC

We are pleased to inform you that the Cyprus Fiduciary Association (CYFA) has signed a Memorandum of Understanding (MoU) with the Institute of Certified Public Accountants of Cyprus (ICPAC).

The agreement signed on the 3rd September 2025, lays the foundation for a closer and more targeted collaboration between the two bodies, with the shared aim of strengthening the administrative services sector and enhancing Cyprus’ position as a leading international business centre.

The MoU provides for:

  • Regular communication and exchange of knowledge and expertise.
  • Joint organisation of conferences, events, and initiatives that promote the sector’s growth and outward orientation.
  • Collaboration on legislative matters and public consultations, ensuring that common positions are presented where applicable.

Through this partnership, CYFA and ICPAC will work together to support international business activity and contribute to the sector’s sustainable economic development.

The MoU was signed by:

  • Mr. Odysseas Christodoulou, President of ICPAC
  • Mr. Kyriakos Iordanou, General Manager of ICPAC
  • Mr. Costas Christoforou, President of CYFA
  • Mr. Christoforos Ioannou, General Manager of CYFA

We are confident that this collaboration will bring tangible benefits to our members and to the wider administrative services sector. Finally the Association would like to express its sincere thanks to ICPAC for this positive development.