Fund managers in Cyprus can take advantage of the many benefits that outsourcing back and middle office administration functions provides. By transferring these operations to a trusted, proven provider, funds can gain a host of important competitive advantages that enable them to focus on what they do best: growing investment returns for their clients. There are, however, important points to clarify as part of a fund’s outsourcing provider benchmarking process.
Read full articleThe Cyprus government has spent half a billion euros to safeguard jobs and boost liquidity amid the crisis sparked by the coronavirus outbreak, Minister of Labour Zeta Emilianidou has said, adding that the government is considering incentive schemes for companies that hire jobless persons.
Read full articleThe Transport Ministry said on Monday that the completion of the Travel Card (CyprusFlightPass) is mandatory for all passengers intending to travel to Cyprus and those who fail to present it will have two options: pay a €300 out-of-court fine or return to the country of their departure.
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