Philenews

Workshop on Tax Reform Initiated by EY and Banks Association

Published February 27, 2026, 14:11
Workshop on Tax Reform Initiated by EY and Banks Association

EY Cyprus and the Banks Association of Cyprus organized an informative workshop on tax reform, which took place at EY's offices. The event was attended by banking executives and presented a detailed analysis of the key aspects of the reform by EY experts. During the workshop, a fruitful exchange of views took place on key implementation issues and areas requiring clarification. The Banks Association will seek further guidance or regulations from the Tax Department on certain matters. The workshop was well received by banking organizations, with significant participation from executives from member banks of the Association. This initiative contributes to the effective coordination of the banking sector in the face of changes in the tax framework. The Banks Association thanked EY for its hospitality and presentations, as well as the banking executives for their active participation.