Government to discuss single supervisory mechanism with lawyers and accountants

The government is determined to set up a Single Supervisory Mechanism and has prepared a draft bill that will be discussed with the Cyprus Bar Association (CBA) and the Institute of Certified Public Accounts of Cyprus (ICPAC), President Nikos Christodoulides said.

He was speaking after a meeting with CBA’s new Board.

“A regular meeting was scheduled with the new Board of the Cyprus Bar Association, during which however, we discussed ways of achieving the common goal of speedy, efficient and effective justice as well as the government’s decision to establish a single supervisory mechanism,” the President told reporters.

He added that “we are preparing a relevant draft that we will discuss with the Bar Association as well as the accountants. It is a government decision that has already been made and we are moving ahead with it”.

Read More

Limassol Mayor unveils creation of new 350-metre beach
Dr Panayiotis Hadjipavlis: Cyprus to declare intention to join SAFE by the end of July
“Hope For Children” Summer School 2025
The Cyprus Institute project to explore how absorbing aerosols are affecting climate change in the East Med
President: Greek Cypriot side accepted proposal to open two crossing points, but move was not reciprocated (pics)
Von der Leyen reaffirms EU’s commitment to Cyprus reunification
Council of British Cypriots members urge Starmer to take active role in Cyprus settlement
Informal meeting on Cyprus continues today in New York
Greek FM in New York for informal meeting on Cyprus
US lawmakers reintroduce bipartisan bill to end arms embargo on Cyprus