ICPAC and ICA join forces to pro­mote com­pli­ance

Financial Mirror (Cyprus) - - FRONT PAGE -

The In­sti­tute of Cer­ti­fied Public Ac­coun­tants of Cyprus (ICPAC) and the In­ter­na­tional Com­pli­ance As­so­ci­a­tion (ICA) have signed a pro­to­col of co­op­er­a­tion in or­der to pro­mote the com­mon en­deav­our of en­hanc­ing the pro­fes­sion­al­ism of the com­pli­ance of­fi­cers. ICA and ICPAC seek with this agree­ment to es­tab­lish an ed­u­ca­tional and re­search part­ner­ship, as well as to agree on a broad co­op­er­a­tion and col­lab­o­ra­tions.

This pro­to­col cov­ers, in­ter alia, joint ed­u­ca­tional events and ac­tiv­i­ties pro­mot­ing the pro­fes­sion­al­ism of com­pli­ance of­fi­cers; ed­u­ca­tional con­sul­tancy ser­vices and stud­ies; joint par­tic­i­pa­tion in re­search and de­vel­op­ment pro­grams (Na­tional-Euro­pean-In­ter­na­tional); and ex­change of in­for­ma­tion and know-how on top­ics of com­mon in­ter­est.

The re­sults of the col­lab­o­ra­tion between the two bod­ies may be pre­sented via joint re­lease acts such as con­fer­encessem­i­nars, an­nounce­ments, pub­li­ca­tions, con­sul­ta­tions and web­pages.

The In­sti­tute, in its ca­pac­ity as a com­pe­tent author­ity un­der the Law for the Preven­tion and Sup­pres­sion of Money Laun­der­ing Ac­tiv­i­ties, is com­mit­ted to the ef­fec­tive and qual­i­ta­tive pro­fes­sional train­ing for its mem­bers, avail­ing to them at the same time all nec­es­sary tools in or­der to per­form their tasks in the best pos­si­ble way.

Hence, ICPAC be­lieves that the col­lab­o­ra­tion with an in­ter­na­tion­ally renowned or­ga­ni­za­tion such as ICA is piv­otal in its goal to raise the bar of pro­fes­sion­al­ism and com­pe­tence of the com­pli­ance of­fi­cers in Cyprus.

The sign­ing of the pro­to­col was done at the side of the 2nd In­ter­na­tional Com­pli­ance Fo­rum, which was or­ga­nized by IMH un­der the aus­pices of ICPAC. Both Kyr­i­akos Ior­danou, Gen­eral Man­ager of ICPAC, and Philip Ryan, Chief Ex­ec­u­tive Of­fi­cer of ICA, who signed the agree­ment on be­half of their or­gan­i­sa­tions, were de­lighted by the con­clu­sion of the agree­ment and ex­pressed their op­ti­mism that this co­op­er­a­tion will be ben­e­fi­cial for both par­ties and es­pe­cially for the con­tin­ual im­prove­ment of the Cypriot com­pli­ance of­fi­cers.

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