Association of Cyprus Banks

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Registration as it was on 22 Apr 2020
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Overview

Lobbying Costs

403,072€

Financial year: Jan 2019 - Dec 2019

Lobbyists (Full time equivalent)

4 Fte (8)

Lobbyists with EP accreditation

0

High-level Commission meetings

0

Lobbying Costs over the years

  • Info

    Association of Cyprus Banks   (ACB)

    EU Transparency Register

    295337217844-11 First registered on 16 Jun 2015

    Goals / Remit

    The ACB was established in 1969 and is the formal voice of the local banking sector. The ACB is a non-profit organization that represents and promotes the interests of its member banks concerning banking business and practices. The ACB puts forward its members’ views and positions when local legislative and governmental policies are determined. Common positions are formulated on several banking and financial issues, especially in compliance with EU regulations and guidelines. Currently, the ACB, has 10 full members and 4 Associate Members.

    Main EU files targeted

    Digital Banking, Payment services, AML, Retail and consumer issues (mortgage credit, Payment Accounts Directive, Banking Supervision and SSM, Financial Education, Corporate Social Responsibility, Non performing loans, Fiscal policies.

    Address

    Head Office
    15 Demetriou Karatasou Street
    4th Floor, 2024 Strovolos
    Nicosia 2086
    CYPRUS
  • People

    Total lobbyists declared

    8

    Employment timeLobbyists
    50%8

    Lobbyists (Full time equivalent)

    4

    Lobbyists with EP accreditation

    No lobbyists with EP accreditations

    Complementary Information

    The Association's empolyees are currently 16 , from which 8 staff members spend around 50% of their work, that is around 18 hours per week on covered activity.

    Person in charge of EU relations

    Data not provided by Register Secretariat due to GDPR

    Person with legal responsibility

    Data not provided by Register Secretariat due to GDPR

  • Categories

    Category

    II - In-house lobbyists and trade/business/professional associations

    Subcategory

    Trade and business associations

  • Networking

    Affiliation

    European Banking Federation (EBF)
    European Payment Council

    Member organisations

    None declared

  • Financial Data

    Closed financial year

    Jan 2019 - Dec 2019

    Lobbying costs for closed financial year

    403,072€

    Other financial info

    None declared

  • EU Structures

    Groups (European Commission)

    none

    Groups (European Parliament)

    None

    Communication activities

    The Association publishes twice a year the Banking Insight which includes the major activities of the Association during the year. Moreover, lunch breaks and other events are organised with local media and Parliament representatives and other stakeholders to help improve the banking sector image and promote the services of the Association and its member banks.

    Other activities

    None declared

  • Meetings

    Meetings

    None declared

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