08:30-09:15
Registrations
08:30-09:15
Registrations
10:00-11:00
Opening Remarks by the Chairperson of the Conference
Kyriakos Iordanou
General Manager, Institute of Certified Public Accountants of Cyprus
Keynote Address:
- The Cyprus Tax Reform’s Role in Economic Growth and Competitiveness
- Implications and Compliance under the New Tax Framework
- A New Era for Cyprus Taxation: Opportunities and Challenges for the Professional Services Sector
- The Key Elements of the Tax Reform
- The Economic Impact and Implications of the Cyprus Tax Reform
10:00-11:00
Opening Remarks by the Chairperson of the Conference
Kyriakos Iordanou
General Manager, Institute of Certified Public Accountants of Cyprus
Keynote Address:
- The Cyprus Tax Reform’s Role in Economic Growth and Competitiveness
- Implications and Compliance under the New Tax Framework
- A New Era for Cyprus Taxation: Opportunities and Challenges for the Professional Services Sector
- The Key Elements of the Tax Reform
- The Economic Impact and Implications of the Cyprus Tax Reform
11:00-12:00
Panel Discussion: The Path to the Tax Reform and the Future Ahead
Panelists: Costas Markides
Tax Expert, Project Advisory Committee of the Cyprus Tax Reform​
- Challenges overcome in the tax reform journey
- How the new tax system will impact business and the economy?
11:00-12:00
Panel Discussion: The Path to the Tax Reform and the Future Ahead
Panelists: Costas Markides
Tax Expert, Project Advisory Committee of the Cyprus Tax Reform​
- Challenges overcome in the tax reform journey
- How the new tax system will impact business and the economy?
12:00-12:30
Panel Discussion: Key Stakeholders Discuss the Cyprus Tax Reform
Panelists will discuss the anticipated impacts of the Cyprus tax reform on business, innovation, and the wider economic landscape, exploring how the changes can support growth and competitiveness.​
- Business Needs in the New Tax Landscape
- Impact on Innovation and Technology​
- Aligning Tax Policy with Long-term Economic Goals
- Resolving practical problems of the current tax system
12:00-12:30
Panel Discussion: Key Stakeholders Discuss the Cyprus Tax Reform
Panelists will discuss the anticipated impacts of the Cyprus tax reform on business, innovation, and the wider economic landscape, exploring how the changes can support growth and competitiveness.​
- Business Needs in the New Tax Landscape
- Impact on Innovation and Technology​
- Aligning Tax Policy with Long-term Economic Goals
- Resolving practical problems of the current tax system
12:30-13:00
Panel Discussion: Industry Perspectives on Tax Reform – Key Needs and Concerns
This panel will feature insights from the representatives of different sectors in Cyprus, who will discuss the anticipated impacts of the upcoming tax reform on their respective sectors, addressing specific challenges and priorities unique to each industry.
- Sector-Specific Priorities in Tax Reform
- Current Tax Challenges for Cypriot Industries
- Implications of the Reform for Competitiveness and Investment
12:30-13:00
Panel Discussion: Industry Perspectives on Tax Reform – Key Needs and Concerns
This panel will feature insights from the representatives of different sectors in Cyprus, who will discuss the anticipated impacts of the upcoming tax reform on their respective sectors, addressing specific challenges and priorities unique to each industry.
- Sector-Specific Priorities in Tax Reform
- Current Tax Challenges for Cypriot Industries
- Implications of the Reform for Competitiveness and Investment
13:00-13:30
Navigating OECD Pillar 2 – Implementing the Global Minimum Tax
Christos A. Theophilou
International Tax & Transfer Pricing Partner, Taxand Cyprus
Application of Pillar Two to International Tax Planning Structures and substance requirements
13:00-13:30
Navigating OECD Pillar 2 – Implementing the Global Minimum Tax
Christos A. Theophilou
International Tax & Transfer Pricing Partner, Taxand Cyprus
Application of Pillar Two to International Tax Planning Structures and substance requirements
13:30-14:00
The impact of ATAD 3 in Cyprus: – How the unshell directive will transform tax and business practices
Iacovos Themistocleous
Senior Tax Manager & Board Member, RSM Cyprus
Keynote Address:
- Τhe practical Implementation of Transfer Pricing Rules
13:30-14:00
The impact of ATAD 3 in Cyprus: – How the unshell directive will transform tax and business practices
Iacovos Themistocleous
Senior Tax Manager & Board Member, RSM Cyprus
Keynote Address:
- Τhe practical Implementation of Transfer Pricing Rules
14:00-14:30
Panel Discussion: TP experts Discuss the practical Implementation of Transfer Pricing Rules
A session on transfer pricing rules, focusing on implementation and best practices in Cyprus.
Focus Topics:
- Challenges in transfer pricing application.​
- Guidance on documentation, benchmarking, and dispute resolution.
- Strategies to meet compliance standards.​
14:00-14:30
Panel Discussion: TP experts Discuss the practical Implementation of Transfer Pricing Rules
A session on transfer pricing rules, focusing on implementation and best practices in Cyprus.
Focus Topics:
- Challenges in transfer pricing application.​
- Guidance on documentation, benchmarking, and dispute resolution.
- Strategies to meet compliance standards.​
14:30-15:00
VAT Strategies for Evolving Business Models: Digital Goods, Services, and Beyond
This session will focus on important VAT developments and VAT strategies that align with modern digital business models, including virtual goods and services, digital subscriptions, and cloud-based services.
Focus Topics:
- Understanding VAT for non-traditional digital goods and services.
- Approaches to manage VAT on subscription-based and SaaS business models.
- Future implications of EU VAT reform for digital businesses.
14:30-15:00
VAT Strategies for Evolving Business Models: Digital Goods, Services, and Beyond
This session will focus on important VAT developments and VAT strategies that align with modern digital business models, including virtual goods and services, digital subscriptions, and cloud-based services.
Focus Topics:
- Understanding VAT for non-traditional digital goods and services.
- Approaches to manage VAT on subscription-based and SaaS business models.
- Future implications of EU VAT reform for digital businesses.
15:30-16:00
Navigating OECD Pillar 2 – Implementing the Global Minimum Tax
Christos A. Theophilou
International Tax & Transfer Pricing Partner, Taxand Cyprus
Application of Pillar Two to International Tax Planning Structures and substance requirements
15:30-16:00
Navigating OECD Pillar 2 – Implementing the Global Minimum Tax
Christos A. Theophilou
International Tax & Transfer Pricing Partner, Taxand Cyprus
Application of Pillar Two to International Tax Planning Structures and substance requirements
09:15-09:25
Chairperson Opening Remarks
Chrysostomos Kridiotis
Managing Director, Logicom Solutions
09:15-09:25
Chairperson Opening Remarks
Chrysostomos Kridiotis
Managing Director, Logicom Solutions
09:25-09:40
The Agenda and Priorities of the Central Bank of Cyprus
Christodoulos Patsalides
Governor of Central Bank of Cyprus
09:25-09:40
The Agenda and Priorities of the Central Bank of Cyprus
Christodoulos Patsalides
Governor of Central Bank of Cyprus
09:40-10:00
Emerging regulatory landscape for 2025 and beyond
Martin Neisen
Partner – FS Governance, Risk and Compliance, Head of EBA/SSM Office, Global Basel IV Leader, PwC Germany
The Single Supervisory Mechanism (SSM) has just celebrated its 10th anniversary. Since its establishment, it has been transforming banking supervision in the Eurozone. As another challenging year for the banking industry has come to a close, the persistent uncertainty surrounding the macroeconomic outlook, coupled with the increasing intensity of geopolitical threats, is posing risks for European banks that are being closely monitored by supervisory authorities such as the European Central Bank (ECB). Mr. Neisen’s presentation will review current regulatory trends like CRR III, the use of AI and ESG, discuss the evolving regulatory agenda in view of the broader macroeconomic landscape
and its impact on banks, and provide an outlook on the ECB’s priorities.
09:40-10:00
Emerging regulatory landscape for 2025 and beyond
Martin Neisen
Partner – FS Governance, Risk and Compliance, Head of EBA/SSM Office, Global Basel IV Leader, PwC Germany
The Single Supervisory Mechanism (SSM) has just celebrated its 10th anniversary. Since its establishment, it has been transforming banking supervision in the Eurozone. As another challenging year for the banking industry has come to a close, the persistent uncertainty surrounding the macroeconomic outlook, coupled with the increasing intensity of geopolitical threats, is posing risks for European banks that are being closely monitored by supervisory authorities such as the European Central Bank (ECB). Mr. Neisen’s presentation will review current regulatory trends like CRR III, the use of AI and ESG, discuss the evolving regulatory agenda in view of the broader macroeconomic landscape
and its impact on banks, and provide an outlook on the ECB’s priorities.
10:00-10:15
Unlocking the Value of the Digital Core
Anna McKinven
Managing Director, Accenture
If there’s a single theme that has dominated discussions about bank’s technology over the past few decades, it is the constraints of their core platforms. In this talk we will explore how you can unlock the value from core and create the business imperative to act.
10:00-10:15
Unlocking the Value of the Digital Core
Anna McKinven
Managing Director, Accenture
If there’s a single theme that has dominated discussions about bank’s technology over the past few decades, it is the constraints of their core platforms. In this talk we will explore how you can unlock the value from core and create the business imperative to act.
10:15-10:45
Fireside Chat: Charting the Course: Navigating Challenges and Embracing Innovation in the banking sector
Michalis Louis
Chief Executive Officer, Hellenic Bank
10:15-10:45
Fireside Chat: Charting the Course: Navigating Challenges and Embracing Innovation in the banking sector
Michalis Louis
Chief Executive Officer, Hellenic Bank
Panicos Nicolaou
Chief Executive Officer, Bank of Cyprus
Panicos Nicolaou
Chief Executive Officer, Bank of Cyprus
MODERATOR:
Chrysostomos Kridiotis
Managing Director, Logicom Solutions
MODERATOR:
Chrysostomos Kridiotis
Managing Director, Logicom Solutions
10:45-11:05
SURVEY: The Corporate Banking Barometer: Measuring Satisfaction, Expectations, and Future Opportunities
Christina Kokkalou
Managing Director, IMR/University of Nicosia
- In-depth Analysis of Corporate Client Satisfaction
10:45-11:05
SURVEY: The Corporate Banking Barometer: Measuring Satisfaction, Expectations, and Future Opportunities
Christina Kokkalou
Managing Director, IMR/University of Nicosia
- In-depth Analysis of Corporate Client Satisfaction
11:05-11:35
Networking Coffee Break
11:05-11:35
Networking Coffee Break
11:35-12:05
Panel Discussion: The future of finance: How do the CEO’s of Cyprus banks view the future of the sector? What strategies do they plan to implement for Cyprus banks to remain relevant, competitive and compliant?
- What is on the agenda of Bank CEO’s? Major global and local trends in the banking sector
(AI, ESG, Customer Experience, Talent Management) - Forecasting the Cypriot Economy for 2025 – 2026. Sectors of growth and appetite for lending.
- Each Bank’s positioning, priorities and targets for 2025
11:35-12:05
Panel Discussion: The future of finance: How do the CEO’s of Cyprus banks view the future of the sector? What strategies do they plan to implement for Cyprus banks to remain relevant, competitive and compliant?
- What is on the agenda of Bank CEO’s? Major global and local trends in the banking sector
(AI, ESG, Customer Experience, Talent Management) - Forecasting the Cypriot Economy for 2025 – 2026. Sectors of growth and appetite for lending.
- Each Bank’s positioning, priorities and targets for 2025
PANELISTS:
George Agioutantis
Chief Executive Officer & Executive member of the BoD, National Bank of Greece (Cyprus) Ltd
PANELISTS:
George Agioutantis
Chief Executive Officer & Executive member of the BoD, National Bank of Greece (Cyprus) Ltd
Khalil Letayf
Chief Executive Officer, SGBCy
Khalil Letayf
Chief Executive Officer, SGBCy
Miltiades Michaelas
Chief Executive Officer, Alpha Bank Cyprus Ltd
Miltiades Michaelas
Chief Executive Officer, Alpha Bank Cyprus Ltd
Aristidis Vourakis
CΕΟ, Astrobank Public Company Ltd
Aristidis Vourakis
CΕΟ, Astrobank Public Company Ltd
MODERATOR:
Fotis Panagiotopoulos
Managing Director, Strategy & Consulting Lead, Accenture
MODERATOR:
Fotis Panagiotopoulos
Managing Director, Strategy & Consulting Lead, Accenture
12:05-12:20
Fireside Chat: The evolving role of EMI’s and PI’s in the European and the Global Financial Sectors
Michael Charalambides
Chief Executive Officer & Managing Director, ECOMMBX
12:05-12:20
Fireside Chat: The evolving role of EMI’s and PI’s in the European and the Global Financial Sectors
Michael Charalambides
Chief Executive Officer & Managing Director, ECOMMBX
Adonis Adoni
Journalist, GOLD & CBN
Adonis Adoni
Journalist, GOLD & CBN
12:20-12:35
AI Act and the financial services sector
Vasilis Charalambous
Head of GZG Tech, George Z. Georgiou & Associates LLC
On 1 August 2024 the Artificial Intelligence Act entered into force with the purpose of establishing a harmonized market for AI throughout the EU, foster responsible AI development and deployment in the EU, with safeguards for people’s fundamental rights. Artificial Intelligence has benefits and can contribute to the society and the economy however there are risks which need to be considered.
12:20-12:35
AI Act and the financial services sector
Vasilis Charalambous
Head of GZG Tech, George Z. Georgiou & Associates LLC
On 1 August 2024 the Artificial Intelligence Act entered into force with the purpose of establishing a harmonized market for AI throughout the EU, foster responsible AI development and deployment in the EU, with safeguards for people’s fundamental rights. Artificial Intelligence has benefits and can contribute to the society and the economy however there are risks which need to be considered.
12:35-13:05
Panel Discussion: Looking into the Crystal Ball: How Technology is Redefining Customer-Centric Banking
- How CIOs and CDOs are leveraging data and technology to create more personalized, seamless experiences that deepen customer relationships and drive profitability.
- The pivotal role of data in building customer-centric services and reinforcing a bank’s core offerings.
12:35-13:05
Panel Discussion: Looking into the Crystal Ball: How Technology is Redefining Customer-Centric Banking
- How CIOs and CDOs are leveraging data and technology to create more personalized, seamless experiences that deepen customer relationships and drive profitability.
- The pivotal role of data in building customer-centric services and reinforcing a bank’s core offerings.
PANELISTS:
PANELISTS:
Christos Eojourian
Head of Technology & Digital, Hellenic Bank
Christos Eojourian
Head of Technology & Digital, Hellenic Bank
Dr. Antonis Houry
Chief Information Officer, Eurobank Cyprus Ltd
Dr. Antonis Houry
Chief Information Officer, Eurobank Cyprus Ltd
Constantinos Karamanos
Chief Operations Officer & IT, Astrobank Public Company
Constantinos Karamanos
Chief Operations Officer & IT, Astrobank Public Company
Demetris Nicolaou
Chief Digital Officer, Bank of Cyprus
Demetris Nicolaou
Chief Digital Officer, Bank of Cyprus
MODERATOR:
MODERATOR:
Nikolas Anastasiou
Director, Business Solutions and Services, Logicom Solutions
Nikolas Anastasiou
Director, Business Solutions and Services, Logicom Solutions
13:05-13:35
Panel Discussion: Steering the Ship: Enhancing Bank Governance through Board Leadership
- The evolving role of the Board of Directors
- Board Composition: new requirements, new specialisations
- Balancing stakeholder demands
13:05-13:35
Panel Discussion: Steering the Ship: Enhancing Bank Governance through Board Leadership
- The evolving role of the Board of Directors
- Board Composition: new requirements, new specialisations
- Balancing stakeholder demands
PANELISTS:
PANELISTS:
Stalo Koumidou
Non-Executive Member of the Board of Directors, Cyprus Development Bank
Stalo Koumidou
Non-Executive Member of the Board of Directors, Cyprus Development Bank
Androulla Pittas
Non-Executive Member of the Board of Eurobank Cyprus
Androulla Pittas
Non-Executive Member of the Board of Eurobank Cyprus
Dr. Demetra Plati
Acting Chairwoman, Ancoria Bank
Dr. Demetra Plati
Acting Chairwoman, Ancoria Bank
MODERATOR:
MODERATOR:
Michael Kammas
Director General, Association of Cyprus Banks
Michael Kammas
Director General, Association of Cyprus Banks
13:35-13:45
Concluding Remarks
Chrysostomos Kridiotis
Managing Director, Logicom Solutions
13:35-13:45
Concluding Remarks
Chrysostomos Kridiotis
Managing Director, Logicom Solutions
13:45
End of the Conference - Networking Cocktail
13:45
End of the Conference - Networking Cocktail
