Cyprus hosts STEP conference for first time

The Society of Trust and Estate Practitioners (STEP) is holding its annual STEP Conference in Limassol this week, the first time the event is being held in Cyprus.
The conference, sponsored by Laiki Bank, will take place on May 10-11 at the Le Meridien Limassol with the participation of more than 250 delegates from Cyprus and abroad.
Peter G Economides, STEP Cyprus Chairman will welcome the speakers and the event will be opened by President Demetris Christofias with an address by the Minister of Finance, Vasos Shiarly.
The opening speeches will be followed by the first official international presentation of the recently passed Amendment to the Cyprus International Trust Law 2012.
The conference is a move that further consolidates the island’s position in the Trust Services world map.
STEP was founded in 1991 in the U.K. and today is the leading worldwide professional body for practitioners in the fields of trusts, estates and related issues. STEP has more than 17,000 members in 66 countries. The Cyprus branch of STEP was established in 2003 and local membership exceeds 183 professionals.