It is with great pleasure and honour for the Cyprus Fiduciary Association (CYFA) to announce that the Society of Trust and Estate Practitioners (STEP) has been granted a CYFA honorary membership status. The acceptance of STEP to join the Association as an honorary member, is the result of the close cooperation between the two organisations and aims to enhance further the common actions and initiatives for the benefit of the professional services industry.
Mr. Christoforos Ioannou, General Manager of the CYFA thanked STEP Cyprus and its President, Mrs Stella Kammitsi for accepting the invitation, noting that “the honorary recognition of STEP Cyprus by CYFA is particularly important for the administrative services sector and is a positive step forward in the continuous and joint efforts to address the various challenges faced by the industry”.
Mrs Stella Kammitsi, President of STEP Cyprus, thanked CYFA for the recognition and stated that she is “looking forward to a close co-operation between CYFA and STEP Cyprus, especially during these awkward times for our sector”.
In conclusion, both CYFA and STEP Cyprus reiterated the need for undertaking common actions and initiatives with the sole purpose being the sustainability and further development of the professional services sector, providing valuable updates and knowledge to their members as well as suggestions, concerns and comments to the relevant authorities when such need arises.