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22 October, 2019
 
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Savvas Rigas, Partner of K. Treppides & Co, presented the Cypriot Payment Institutions and Electronic Money Institutions

Challenges and increased opportunities for Businesses in Cyprus emerge with the new directive

Press Release

Savvas Rigas, Partner of K. Treppides & Co, presented Payment Institutions and Electronic Money Institutions

The Business Delegation and Forum that took place on the 13th of December 2018 in Prague, Czech Republic, Mr Savvas Rigas, partner of Treppides & Co Limited, presented the key regulatory changes concerning the Payment Institutions and Electronic Money Institutions as emanating from the recently introduced amended European Payment Services Directive (PSD II).

Through his presentation Mr Rigas, briefly presented the challenges and increased opportunities for Businesses in Cyprus that emerged from the benefits of the new directive. The Payment Institutions and Electronic Money Institutions represent an opportunity for Cyprus to remain as one of the most specialized Financial Transactions centres in the European Union.

Mr Savvas Rigas, with extensive experience in specialized consulting services through his firm, K. Treppides & Co Ltd, a leading Business Advisory firm, provides advisory services to regulated investment firms, Payment Institutions and Electronic Money Institutions, licensed in Cyprus as well as in other European Countries.

Savvas Rigas
Partner
K. Treppides & Co Ltd

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