PRESS RELEASE
29 November 2024

Digital Transformation And International Networking Are Key Pillars Now: A Forbes Interview With Michael Ioannou

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Elias Neocleous & Co LLC

Contributor

Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
In an exclusive interview with Forbes Magazine, Michael Ioannou, CIO and TechLaw Consultant at Elias Neocleous & Co LLC, examines the transformative role of digital innovation and international...
Cyprus

In an exclusive interview with Forbes Magazine, Michael Ioannou, CIO and TechLaw Consultant at Elias Neocleous & Co LLC, examines the transformative role of digital innovation and international networking in shaping Cyprus’ economic development. He emphasises the island’s strategic commitment to digitisation, supported by initiatives such as the IP Box regime, which has strengthened Cyprus’ position as an attractive hub for tech-focused foreign investment.

Additionally, Michael highlights the importance of cross-border collaboration in linking local innovation with global markets, further cementing Cyprus’ reputation as the “New Tech Island.” He also discusses the necessity of aligning with evolving EU regulatory frameworks, including GDPR and DORA, to ensure resilience and compliance. Through embracing digital transformation and fostering international alliances, Cyprus is carving out a competitive edge in emerging sectors such as FinTech, RegTech, and digital compliance, while driving entrepreneurship and sustainable economic growth.

The full interview can be viewed online in Forbes magazine.

For further information, please reach out to Michael Ioannou.

Contributor

Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.

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