9.00-9.45 – Registration. Morning Coffee. 10.00-10.30 – Executive Summary. Latest Updates in Legislations and Regulations in Cyprus and Worldwide that Have Maximum Impact to the Business Life in Cyprus. The participants will be informed in a very practical way and a brief manner on all changes that have happened in January-September 2019. Natalia Kardash, Best Legal Conference Moderator Pieris Markou, Tax Partner, Deloitte
10.30-11.30 – First Plenary Session. The Future is Here: Surviving and Thriving in a World Constantly Shaped by Technology.
In an era where legal and other professional services become increasingly automated and replicated by technology, what paradigm shift is required by professional firms so as to build and maintain their competitive advantage heading into the future? How do professionals become future-proof in an era where the economy is constantly shifting online and there is free access to valuable information and big data? Philippos Aristotelous, consultant, legal business strategist, author and speaker.
2. Blockchain and Cryptocurrency. Official Position of Cyprus and New Regulations. 3. Financial Regulations: New Rules, Procedures, Circulars. Forecast for 6 Months. Demetra Kalogirou, Chairwoman, CySEC (Cyprus Security and Exchange Commission)
4. Asset Tracing and Asset Protection: How Far Can One Get to Protect Assets in Cyprus and How Far Can Another Get to Trace it
Legitimate asset protection in Cyprus
Protection afforded by banking privilege
Protection afforded by GDPR
Available proceedings for tracing assets
Available proceedings for tackling asset disposal Agis Georgiades, Partner of Christos Georgiades & Associates LLC
11.30–11.50 – Networking Coffee Break 11.50-13.20 – Second Plenary Session. Data Protection. Intellectual Property. Latest Updates on GDPR. Data and Cyber Security. The right to disseminate information: public vs private. Protection of the private data and rights of an individual on the Internet.
The development of technology gives rise to a number of questions in the legal field: Can companies use for their marketing purposes the information posted on social networks? If so, under what conditions? Who owns this information and is it an object of intellectual property? How can users protect personal data on the Internet? What legal means users of social networks or Internet in general have to fight against planned black PR campaigns? What are the types of administrative punishment for attacks and spread of libel on the Internet and what is the procedure to withdraw damaging information from the Internet? Intellectual property and its protection in Cyprus.
Improvement of legal regulation in the field of intellectual property and all related tax aspects. Temporary legal protection of rights to the information and intellectual goods in Cyprus. International trends in the legal regulation of intellectual property. Latest Updates on GDPR
General Review. What type of information falls under GDPR rules? What are the minimum required internal procedures every companies should have? Who can be appointed responsible for GDPR procedure – should it be an employee or this service can be outsourced? What is the responsibility of this person in case the company will be fined because of GDPR responsible person's mistake? What is the cost of GDPR – can small and medium companies afford to comply with all GDPR rules Cybersecurity for business owners and decision makers.
Modern cyber threats: monetary and informational thefts, targeted cyber-attacks, data encryption and extortion. Mobile phones as a major cyberthreat. Cybercrime as a business process. Protection from targeted attacks. Cyberintelligence for decision-makers. How much does cybersecurity cost?
13.20-14.30 – Lunch Time 14.30-16.00 – Third Plenary Session Cyprus Non-Dom Tax Residency – how to enjoy your first 17 years in Cyprus.
Individuals can be deemed as non-domiciled tax residents of Cyprus if they have not been born in Cyprus or have not lived in Cyprus for at least the last 17 years.
No withholding tax on the repatriation of income as dividends, interest and royalties. Income tax exemptions for taking up employment in Cyprus up to fifty percent of the remuneration. Low social insurance contributions. No tax on retirement gratuity and special tax regime on foreign pension income. No estate duty, wealth tax, gift tax or inheritance tax.
16.00-16.20 – Coffee Break ____ 16.20-18.00 – Management of a professional service firm.
Thematic session in English language.
Challenges in the professional services industry. What has been changed. How the clients and the service providers should adapt to the new realities. Examples of successful strategies. The MARVEL of Engagement: Managing human workers in the digital age.
How can we motivate and inspire our teams? How do we convert passive employees into highly active ambassadors? Philippos Aristotelous, consultant, legal business strategist, author and speaker.
The psychology and instruments of selling legal services in the digital age
The world changes fast and both lawyers and their clients are overloaded with information. Also new marketing instruments appeared that help to get more client leads and increase conversion. So how should lawyers search for potential clients and convert them into real clients? We will discuss this at the session devoted to selling legal services in the digital age:
- The psychology of buyers of legal services;
- Building trust as the foundation of the selling process and the instruments of increasing trust;
- Modern digital instruments of selling legal services;
- Overcoming fears and limiting beliefs that lawyers have in connection with sales.Yury Zachek, executive Coach, International Coach Federation