Source: cyprus-mail.com
The Cyprus Chamber of Commerce and Industry (Keve) on Thursday held its Private Clients in the Changing World Where East Meets West conference, bringing together leading professionals and experts in private wealth management from around the world.
The event took place at the Four Seasons hotel in Limassol, attracting a global audience and positioning Cyprus at the centre of discussions on the future of wealth management.
According to the chamber, the conference “served as a high-level platform for dialogue on rapid global developments shaping private wealth“, focusing on geopolitical shifts, increasing regulatory demands, generational transitions and the impact of technology and digital assets.
In his address, Keve president Stavros Stavrou emphasised the strategic importance of the event for the sector.
“This conference is not just another event but a targeted initiative that brings together leading professionals from different jurisdictions and sectors,” Stavrou said.
“The aim is to achieve meaningful exchange of views on the future of wealth management,” he added.
Moreover, he explained that” the global environment is changing rapidly, with uncertainty, regulatory complexity and new economic realities creating both challenges and opportunities“.
“In this context the role of trusted advisers becomes more critical than ever while the need for stable and strategically positioned jurisdictions is decisive,” Stavrou said.
Particular emphasis was placed on Cyprus’ position as a modern and reliable international business centre, reflecting the country’s growing role in global professional services.
Stavrou highlighted that Cyprus has significantly strengthened its reputation over the past decade by leveraging its experience and institutional framework.
He pointed to the country’s strong legal system based on English law, its competitive tax framework and its highly skilled workforce as key advantages.
The conference also underscored Cyprus’ role as a bridge between East and West, both geographically and in terms of business philosophy.
This positioning allows the country to offer solutions that combine security, innovation and flexibility, appealing to international investors and private clients.
During the sessions, speakers analysed key issues such as global investment trends, evolving wealth structuring strategies and regulatory challenges including AML, sanctions and MiCA.
They also explored opportunities emerging from markets such as India, reflecting shifting global investment flows.
At the same time, emphasis was placed on collaboration between family offices, legal advisers, banking institutions and investment professionals as a cornerstone of effective international wealth management.
Discussions also covered crisis management, succession planning and governance of family businesses, highlighting the complexities faced by global wealth structures.
Participants examined the challenges arising from conflicts between different legal and tax frameworks in cross-border structures, a growing concern for international investors.
The conference concluded with a strong message that “Cyprus remains committed to creating value, promoting innovation and shaping the future of global business activity in an evolving international environment”.