Cyprus Success Boosts Channel Islands Team

Marios, who is based in Cyprus, attained the Joint Insolvency Examination Board qualification earlier this month, making him a fully qualified member of the team at Begbies Traynor specialising in offshore insolvency and restructuring.

Qualified insolvency practitioners already work from Begbies Traynor offices in Guernsey, Jersey and the Cayman Islands and Guernsey-based managing partner Alan Roberts is delighted that the network’s specialist expertise now has formal recognition in Cyprus.

“The qualification held by me, my counterpart in Jersey, colleagues in the Cayman Islands and now Marios is recognised as the international badge of quality when it comes to handling matters related to the winding up of a company,” says Alan.

“We operate in a highly specialised field but the current climate is seeing a lot of accountancy and other firms expanding their services to include insolvency. This is a dangerous move because in many cases they have neither the necessary qualifications nor experience.

“Only properly qualified individuals should be consulted on insolvency matters and Begbies Traynor is proud to offer this service – together with forensic accounting and corporate intelligence - on both islands and in other key offshore jurisdictions now including Cyprus.”