Why governance has become a strategic imperative for consulting firms

Refocusing the consultancy equation in a changing world In a rapidly changing business world, consultancy firms are increasingly exposed: they exist at the intersection of sensitive client data, complex regulation, and rapidly evolving technologies. This means that robust policies around AI, governance, and data handling are no longer just best practice but essential to their…

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Is Water the Next Energy Crisis

A business perspective on Europe’s growing water dependency   For years, executives have worried about energy prices. Today, they may need to start worrying about something even more fundamental: water. The current drought affecting Europe’s major rivers is often described as an environmental issue. But the business implications tell a different story. Low water levels…

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From Tax Compliance to Tax Governance

Tax compliance has always been the cornerstone of the tax function of businesses. The timely filing of tax returns and payment of the underlying liabilities, the proper interpretation and application of tax legislation, and the effective response to tax audits often constitute the key indicators for assessing the effectiveness of a tax function.  However, in a modern…

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Cyprus: Where Maritime Excellence Meets Tax Efficiency

A Gateway to International Shipping Cyprus has established itself as one of the world’s leading maritime centres, offering a strategically located gateway between Europe, Asia and the Middle East. As an EU Member State with one of the largest ship registries in Europe and one of the largest third-party ship management centre in the European…

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Is AI the intelligent climate and nature solution?

As the governor of the Bank of England, Andrew Bailey, claims AI is likely to displace people from jobs in a similar way seen during the Industrial Revolution, we ask the question ‘will AI play a major role in solving the world’s climate and nature crises, and if so, how?’ The answer to the first…

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When Is Revenue Really Earned? What Every Real Estate Developer Should Know About IFRS 15

“We’ve sold almost every apartment, so why haven’t our profits increased?” This is one of the most common questions property developers ask when reviewing their financial statements. Imagine a developer who has pre-sold 80% of a new residential project. Buyers have paid substantial deposits, banks are satisfied with the pre-sales, and construction is progressing according…

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The evolving structure of the Cyprus investment funds industry and its impact on the wider market

According to a report published by the Cyprus Securities and Exchange Commission (CySEC) earlier this month, total assets under management in the Cyprus fund industry stood at €11.2 billion in Q4 2025, down 1.97% quarter-on-quarter. Despite this modest contraction, the composition of the market points to the continued dominance of alternative investment structures and a…

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