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Grant Thornton Cyprus Launches EU AI Act & ISO 42001 Governance, Risk, and Compliance (GRC) Service Offering

Navigating Digital Risk: Grant Thornton Cyprus Introduces Comprehensive GRC Solutions for the EU AI Act and ISO 42001 Compliance

0 114

Grant Thornton Cyprus has launched its new EU AI Act & ISO 42001 Governance, Risk, and Compliance (GRC) services. As artificial intelligence moves from voluntary best practices to strict regulatory accountability under the EU AI Act, ISO/IEC 42001, and GDPR, this multidisciplinary service helps organisations manage digital risks proactively. Led by experts Christos Makedonas, Anna Papaonisiforou, and Monica Odysseos, the offering provides structured, end-to-end support, including readiness implementations, risk assessments, and technical assurance, to ensure AI systems are trustworthy by design and compliant by default.

The New Framework for Cyprus Direct Foreign Investment

Ensuring Security and Transparency: A Comprehensive Guide to Cyprus’s New FDI Screening Mechanism and Investor Obligations

0 110

Cyprus is finalizing a new national framework for screening Foreign Direct Investment (FDI) to align with EU Regulation 2019/452. The bill, approved by the Council of Ministers in July 2025, mandates that non-EU/EEA/Swiss investors notify the Ministry of Finance at least 10 days before finalizing significant investments. The mechanism focuses on safeguarding strategic infrastructure, including energy, health, and financial services, where an investment exceeds €2 million or involves a 25% or greater shareholding. This oversight ensures transparency and protects national security while bolstering Cyprus's international credibility as a secure investment hub.

Grant Thornton Cyprus Achieves ISO/IEC 27001 Certification

Strengthening its Commitment to Information Security

0 145

Grant Thornton Cyprus has officially achieved the ISO/IEC 27001 certification, the global benchmark for Information Security Management Systems (ISMS). This milestone validates the firm's robust approach to data protection and risk management, covering people, technology, and internal processes. The certification is valid for three years and underscores the firm’s ability to move beyond theory, embedding high-level cybersecurity principles into daily operations to safeguard sensitive client and company data.

Unlocking the Cyprus Advantage: A Premier Destination for Global Investors and HNWIs

Strategic Tax Planning and Relocation Benefits for High-Net-Worth Individuals

0 201

Since 2004, Cyprus has evolved into a premier destination for High-Net-Worth Individuals (HNWIs) and global entrepreneurs seeking a stable, common-law jurisdiction that balances high-tier lifestyle with aggressive tax efficiency. As the island moves toward its significant 2026 tax reform, understanding the current exemptions and upcoming changes is vital for any strategic relocation or investment plan. This summary outlines the core fiscal pillars that make Cyprus one of the most competitive relocation hubs in the European Union.

Superintelligence: What is it really?

Understanding superintelligence: the next evolution of AI and the critical choices that will shape its impact on humanity.

0 411

Superintelligence refers to a future stage of artificial intelligence where machines surpass human intelligence across all fields, potentially solving humanity’s greatest challenges or creating unprecedented risks. The article explores how AI evolves from narrow systems to advanced intelligence, highlighting the importance of ethics, alignment, and responsible development to ensure AI benefits society rather than harms it.

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