Author Archives: CFA Office

CYFA 9th Annual General Meeting


On Wednesday, September 22nd, 2021, the Cyprus Fiduciary Association held its 9th Annual General Meeting at The Landmark Hotel in Nicosia.
Addressing the AGM, the President of the Association, Mr. Chris Koutouroussis, thanked all the participants for attending and supporting the Association. The President referenced the huge changes and challenges that the international financial services industry is facing, and highlighted the Association’s commitment and continuous efforts in promoting, upgrading, and maintaining the competitiveness of Cyprus as an international business destination.
In turn, the General Manager of the Association, Mr. Christoforos Ioannou, welcomed all participants to the AGM and expressed his appreciation for their attendance. The General Manager outlined the primary goal of the Association and provided a summary of the main actions and activities of the Association during 2021. Furthermore, Mr Ioannou briefed the members about the actions taken to promote and protect the industry’s interests and the various collaborations developed with relevant stakeholders during the year. Lastly, the General Manager thanked CYFA’s sponsors, namely the Bank of Cyprus, Ebos Technologies, Global Training and Renaissance Insurance Brokers.
The AGM concluded with the voting deliberations and the unanimous approval of the audited financial statements of 2020 and the re-appointment of GAC Auditors Ltd to continue as (pro bono) auditors for 2021.

27th September 2021
Cyprus Fiduciary Association

CYFA Newsletter #1/2020

Please find below our first Newsletter for 2020. This e-publication will be released on a regular basis and will provide members with latest news, announcements, events, seminars and other activities of the Association to enhance communication and engagement with its members.

We hope that you will enjoy reading our newsletter!

CYFA Newsletter 1.2020

CYFA Circular #10/2020: COVID-19 Measures Update #3

Dear CYFA Members,

Please be informed that as per the President’s announcement on the 30th April 2020, there has been a new decision on the movement measures applied as of 4th May 2020 and the financial support measures have been updated. Please find below the relevant updates with detailed references.

Financial Measures for COVID-19- update 3

Route to exiting lockdown – Restarting the business activity

Launch of Daily Press Review Service

CYFA announces the launch of a new service to its members, the Daily Press Review.
Through this newly established service, we will be providing members on a daily basis with the main news articles and announcements from key press sources in Cyprus on topics related to our industry and the economy in general.