Risk Management & Governance in Cyprus
Risk management advisory helps Cyprus organisations identify, assess, and manage strategic, operational, financial, and compliance risks. Common services include enterprise risk framework design, specific risk assessments (cyber, fraud, regulatory), business continuity planning, and third-party risk assessment.
Risk advisory services
Cyprus risk advisory engagements commonly cover: Enterprise Risk Management (ERM) framework design and implementation, cyber risk assessments (ISO 27001, NIST-aligned), fraud risk assessment and detection controls, business continuity and disaster recovery planning, third-party and supply chain risk assessment, insurance programme review, and specific regulatory risk assessments (AML/CFT, GDPR, sector-specific).
For CySEC-regulated firms, risk management is a regulatory requirement with specific documentation and reporting obligations.
Global network members
38 firmsAdonis Theocharides
Certified Public Accountant
📍 Nicosia
Reanda InternationalAndreas Pittakas
Certified Public Accountant
📍 Nicosia
Baker Tilly InternationalAndreas Sofroniou
Certified Public Accountant
📍 Limassol
Baker Tilly InternationalAngelo Achilleos
Certified Public Accountant
📍 Nicosia
Baker Tilly InternationalAntranic Keremidjian
Certified Public Accountant
📍 Nicosia
Reanda InternationalAraik Markarian
Certified Public Accountant
📍 Nicosia
Reanda InternationalBaker Tilly Klitou & Partners Ltd
📍 Nicosia
Baker Tilly InternationalChristina Charalambous
Certified Public Accountant
📍 Nicosia
Kreston International LimitedChrysovalanto Savva
Certified Public Accountant
📍 Nicosia
Baker Tilly InternationalDemetra Yipsiotou
Certified Public Accountant
📍 Nicosia
Grant Thornton InternationalDimitrios Chioureas
Certified Public Accountant
📍 Nicosia
Grant Thornton InternationalFroso Yiangoullis
Certified Public Accountant
📍 Nicosia
Grant Thornton InternationalWhere these firms are located
7 areasFirms offering Risk Management & Governance have offices in these areas. Click through to see all accountants in that area.
Frequently asked questions
Do all Cyprus companies need formal risk management?
Regulated entities (CIFs, banks, insurance) have specific risk management requirements. Larger unregulated companies typically benefit from formal frameworks. SMEs can operate with less formal approaches provided key risks are identified and managed appropriately.