The Cyprus Ministry of Finance’s Debt Management Office (“DPMO”) issued a Sustainable Finance Framework (“Framework”) in January 2023 in light of its long-anticipated sustainable bond issuance.
On February 2023, the Loan Market Association (“LMA”), in collaboration with the Asia Pacific Loan Market Association,
The European Union (“EU”) has issued a Regulation on Digital Operational Resilience (“DORA”) in the EU financial sector,
Nowadays, technology and globalisation are re-shaping the world. Therefore, companies need to adapt to the new challenges and transform and evolve accordingly, in order to both seize the opportunities and mitigate the risks.
As the provider of credit and the custodian of people’s wealth, the Cypriot banking sector holds a crucial position in the country’s economy.