International developments in the cannabis industry are moving rapidly as the constantly growing body of scientific research proves that medical cannabis can be used to successfully treat a variety of symptoms and medical conditions. Hemp also has become one of the fastest growing agricultural crops in the world.

Technology has raised the bar for client expectations and is creating strong demand for the best, most accurate and fastest services at a lower cost. The challenge is to see how law firms can utilise technology tools to deliver for clients. Innovative firms that embrace this digital change will do well and thrive.

Cyprus is poised to win some share of the offshore business moving into regulated onshore jurisdictions. 

The benefits from the consequent recovery of property prices has started to trickle into the local banking sector. The challenge is to structure and promote products that complement traditional deposits, while being able to offer solutions to the corporate sector and individuals alike in a form that avoids repetition of past mistakes.