Overview
Lobbying Costs
450,000€
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 5 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, Training.
Address
Head Office
15 Demetriou Karatasou Street
4th Floor, 2024 Strovolos
Nicosia 2086
CYPRUS -
People
Total lobbyists declared
8
Employment time Lobbyists 50% 8 Lobbyists (Full time equivalent)
4
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
The Association's employees 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 CouncilMember organisations
None declared
-
Financial Data
Closed financial year
Jan 2019 - Dec 2019
Lobbying costs for closed financial year
450,000€
Other financial info
None declared
-
EU Structures
Groups (European Commission)
none
Groups (European Parliament)
N/A
Communication activities
The Association publishes twice a year the Banking Insight which includes the major activities of the Association during the year. In light of the covid-19 pandemic, lunch breaks and other events that have been organized in the past with local media and Parliament representatives have being limited during the current year. Member staff of the Association publish various articles in the local media concerning important banking and financial issues.
Other activities
None declared
- Meetings
Meetings
None declared
- Meetings