Author Archives: CFA Office

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.

CYFA Informative Circular #9/2020 – Dept of Registrar and Official Receiver – Announcement

Dear CYFA Members,

Please find attached and below for your reference an official announcement released by the Dept of Registrar and Official Receiver regarding the change of the date for imposition of a financial charge for late registration of important documents in the Department.

Following the Registrar’s announcement, dated 23/3/2020, and the publication in the Official Gazette of the Republic “of the Companies (Amending) Law of 2020, N38 (I) / 2020” voted by the House of Representatives on 15/4/2020 and published on the same day in the Official Gazette of the Republic (Par. I (I), No. 4752), the Department of Companies and Official Recipient announces that based on the above Law, the date of application of the measure concerning the imposition of a monetary charge for the late submission to the Department of institutionalized forms, is postponed to 18.12.2020.

Announcement

CYFA Exclusive Sponsors 2020

We are proud to announce Alpha Bank Cyprus Ltd, Global Training, Ebos Technologies and G.A.P. Vassilopoulos Group (UPS) as our exclusive sponsors for the year 2020.

The sponsorships are part of the Cyprus Fiduciary Association’s commitment to collaborate with valued and highly esteemed companies and organisations across the industry in our ongoing effort to serve members to the highest possible standard.

We would like to thank our sponsors for joining forces with CYFA and look forward to working with them closely for the difficult, challenging yet exciting 2020!




Nicosia, 2020
Cyprus Fiduciary Association

CYFA Informative Circular #7/2020 – COVID-19: Extension of Government Financial Support Measures – Update #2

Dear CYFA Members,

Please be informed that as per the President’s announcement on the 8th April 2020, there has been an extension of the movement measures until the 30th of April 2020 and the financial support measures until the 12th of June 2020. Please find below for your information a relevant update with detailed references.

COVID-19 Extension of Support Financial Measures

COVID-19: Balancing work life and parenting at home during these challenging times

Having kids can make you more productive – except when they’re there all the time. So how can you meet work obligations now that schools are closed?

A different view from BBC Worklife’s, Alina Dizik, giving tips on how to balance remote work and parenting during these challenging times.

Read the article here:
www.bbc.com/worklife/article/20200401-how-to-work-from-home-with-your-kids-during-coronavirus