ΠΕΡΙΓΡΑΦΗ

The professional services sector in Cyprus is constantly searching for new niche services as demand grows bigger and gets more diversified. As international and local regulations are becoming stricter, the sector’s professionals need to differentiate their selling proposition, create new viable revenue sources and explore new geographical opportunities without compromising the country’s reputation. At the same time, the actual model of providing professional services is changing with the use of technology, data analysis, and new working models.

This established annual event brings together the leaders of the sector in Cyprus and prominent speakers from abroad to present and discuss the latest developments and trends. The Cyprus Professional Services Conference is a much-anticipated event by the sector’s most prominent stakeholders, accounting/audit/tax firms, well-known law firms, the international divisions of Cyprus banks, corporate service providers, investment companies, etc.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The Conference is addressed to:
• Accounting, Audit and Tax firms
• Law firms and Legal Consultants
• Administrative Service Providers
• Trust Service Providers
• Asset and Investment Managers
• Banks and other financial institutions representatives
• Wealth Management Consultants
• Governmental departments Directors and officials from regulatory bodies

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Preliminary Thematology

Economic Sanctions and the implications for the Professional Services Sector in Cyprus

• Keynote Address: The US Policy and Practice on Economic Sanctions
• Keynote Address: The UK Policy and Practice on Economic Sanctions
• Keynote Address: The EU Policy and Practice on Economic Sanctions

Panel Discussion: Economic Sanctions and the implications for the Professional Services Sector in Cyprus
• What are the implications of Economic Sanctions for the Professional Services Sector in Cyprus.
• Regulating Effectively the Profession.
• Dealing with Russian Clients / The future of Business with Russian Nexus.

Keynote Speech: Modern challenges of professional service providers
• Management of modern law and accounting firms
• Talent-Sourcing and Further Retention
• Remote and Hybrid Team Management
• Increase of productivity

Panel Discussion: The Future of the Accounting Firms
Senior Partners from the major global multinational accounting firms discuss and share ideas on the future of their Profession:
• What is the role and the future of the “accounting firms” in the new global business environment?
• The transformation of the accounting firms: The evolution and future of Audit, Assurance, Tax and Advisory Services
•The rise of advisory / consulting services and the global debate on splitting the audit from the advisory business
• New sectors / new clients / new revenue streams
• Forecasting / Predicting the next 5 years
• What new skills would they require for their workforce?

Panel Discussion: The Law Firm of the Future
• What is the role of a modern law firm in the new complex global business environment?
• How to measure Legal teams’ performance using KPIs such as the money they make for the business?
• What new skills would Law Firms require for their workforce?

Panel discussion: Market Overview – Forecasting the Market for the Cyprus Accounting Firms
Accounting firms in Cyprus, like globally, are undergoing a major shift both regarding their operational model and the services they provide. The key to their long-term success is agility and adaptability.

Panel discussion: Market Overview – Forecasting the Market for the Cyprus Legal Firms
The market for legal firms in Cyprus may be affected by a number of factors, including: economic conditions, legal and regulatory changes, political stability, competition, technological advancements. Where the market stands today and what are the future trends?

Panel Discussion: The Future of Cyprus as an International Business Centre

Keynote speech: How Digitalization is transforming the Professional Services Industry
• How Artificial Intelligence is changing the way services are provided.
• What the Metaverse holds for professional service providers.