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PRESS RELEASE: New Memorandum of Understanding

The Cyprus Compliance Association and CFA Society Cyprus Enter into a 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 January 28, 2025 by Mrs. Andrea Moundi Savvides, Chair of the

CCA and Mr. Nikos Potamaris, President of CFA Society Cyprus, with the Boards of

Directors from both organisations were present for the signing ceremony.


Group photo after signed MOU

Mr. Antonis Hadjicostas, Vice-Chair and Mrs. 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 to 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.


Participants of the Financial Compliance Awareness Seminar
 
 

About the CCA

CCA is a non-profit organisation and professional association dedicated to promoting compliance and ethics in business, professional growth and development of its members and the industry as a whole. Founded in 2024, the CCA is at the forefront of the GRC sector development and it will be providing leadership, resources, and support to its members.

 

For more information, please contact:

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