Insight written by Ben Hobby, Principal, Brian Nichols, Principal, Bernard Regan, Principal and Christopher J. Tait, Principal From Baker Tilly US Small and mid-sized businesses (SMBs) are the backbone of every economy, yet they remain dangerously exposed to cyber risk. Many SMBs lack the budget, infrastructure and in-house expertise to implement strong defenses, leaving them…
After years of working alongside healthcare providers and medical groups, one reality stands out, IFRS 9 is rarely as straightforward in practice as it appears in theory. What is often viewed as a standard credit risk exercise quickly becomes more complex once it is applied to the day-to-day dynamics of the healthcare sector. Unlike many…
Tax Flash Cyprus Tax Department Extension of Deadline without Penalt
The landscape of cyber security has fundamentally shifted, moving from a niche IT concern to a systemic risk that demands active, long-term leadership from the board. For financial services firms, where operational stability and client trust are paramount, the necessity of robust cyber resilience is not merely a commercial concern but a core regulatory expectation…
By Anestis Dimopoulos, Director, Head of Digital & Risk Advisory Services, Baker Tilly South East Europe At a time where cyber threats are evolving at a rapid pace, Greece is entering a phase of strategic maturity. The new National Cybersecurity Strategy 2026–2030, published in December 2025 under the supervision of the National Cybersecurity Authority (NCSA),…
Since mid-February, the outbreak of foot-and-mouth disease has posed a significant economic challenge to Cyprus’s livestock and agricultural sector, as well as to the broader economy. Following the identification of the first cases on the island, the Government activated an Emergency Response Plan and proceeded with the implementation of targeted containment measures. Key measures included quarantines in affected areas, restrictions on the movement…
Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm. The European Central Bank’s decision to hold the deposit rate at 2% at its March meeting is no surprise – it wouldn’t have been one a month ago either. However, the rules of the game have changed. While inflation across the…
