Cyprus Compliance Association and CFA Society Cyprus enter strategic partnership

The Cyprus Compliance Association (CCA) and CFA Society Cyprus have formed a strategic partnership by signing a Memorandum of Understanding (MoU) aimed at enhancing financial market integrity and promoting key values, including transparency, accountability, and compliance.

The MoU was signed on 28 January 2025 by Andrea Moundi Savvides, Chair of the CCA, and Nikos Potamaris, President of CFA Society Cyprus, with the Boards of Directors from both organisations present for the signing ceremony.

Antonis Hadjicostas, Vice-Chair and Eleni Ellina, Partnerships & Membership Director of the CCA, who worked closely on the MoU completion, commented on this strategic partnership by saying that ‘[…] the CCA and CFA Society Cyprus are united in their vision to ensure that Cyprus remains a respected and prominent financial centre recognised on a global scale.’

Key benefits of the partnership for the Cyprus markets

• Enhanced professional growth

Professionals in Cyprus will be offered a series of seminars, workshops, and training programs aimed at equipping them with current knowledge and best practices in financial compliance, risk and governance.

• Improved market integrity

Adherence to global financial compliance standards and ethics is central to both organisations, and through this commitment, the partnership aims to further strengthen trust and confidence among investors and stakeholders in the Cypriot financial system.

• Knowledge exchange

Both organisations are firmly committed to collaborating on research, publications, and policy recommendations and successfully address challenges within the markets.

• Support for regulatory evolution

Both organisations aim to unite professionals from the financial and other industries, along with representatives from supervisory authorities, to encourage open and transparent dialogue on key issues and contribute to the development of a more effective and efficient regulatory framework.

• Stronger industry networking

Through joint events, professionals will be provided with a platform to build valuable business connections, share concerns, and collaborate on solutions to common challenges.

'Financial Compliance Awareness Seminar’: The first in a series of upcoming events

The partnership commenced with the successful co-hosting of a 'Financial Compliance Awareness Seminar’ that attracted key stakeholders from the financial, compliance, risk, and governance sectors. The seminar emphasised the pressing need to effectively address the challenges posed by the continuously evolving regulatory landscape.

For more information, please contact:

info@cypruscomplianceassociation.org

https://www.cypruscomplianceassociation.org/