17/06/2026
We are proud to share the latest insights of our Managing Partner, Nicky Xenofontos, in Cyprus Business News, in her capacity as Chair of STEP Cyprus, Deputy Chair of STEP Europe and Vice President of the Cyprus Bar Association Trusts Committee.
In the interview, Nicky discusses the proposed reforms to the Cyprus trust framework and the evolution of Cyprus as a leading international private wealth and succession planning jurisdiction. The proposed reforms seek to modernise the trust regime, enhance legal certainty and establish a single, modern trust framework capable of serving both international clients and Cyprus-based families. (cbn.com.cy)
At N. Xenofontos LLC and STEP Cyprus, we remain committed to contributing to the development of Cyprus as a premier jurisdiction for trusts, wealth structuring, succession planning and private client services.
We congratulate all stakeholders involved in this important reform initiative and look forward to supporting clients and professional advisers through the next chapter of Cyprus trust law.
Read the full interview here:
https://www.cbn.com.cy/article/130464/nicky-xenofontos-a-key-objective-is-to-remove-artificial-distinctions-between-cyprus-residents-and-non-residents-and-establish-a-single-modern-trust-framework
The STEP Cyprus Chair and STEP Europe Deputy Chair discusses the recently proposed Cyprus International Trusts reform