PBM Business Planning & Management

PBM Business Planning & Management PBM Business Planning & Management is a Corporate Service Company providing business consulting & ma Registered with the Cypriot Company Register.

PBM Business Planning & Management is a Corporate Service Company providing business consulting & management, administration & accounting services.

19/09/2018

“PBM Business Planning & Management” proudly announces its collaboration with Skinitis Lex Mare LTD, Hong Kong an independent claims handling company predominantly appointed to handle, investigate & adjust claims on behalf of corporations involved in the maritime, aviation and energy sector across the Asia-Pacific region.

PBM’s Clients will now have the chance to find out more about the Asia-Pacific business market. Our expert team will provide all required information.

For more information you can contact:
[email protected]

“PBM Business Planning & Management” proudly announces its collaboration with Skinitis Lex Mare LTD, Hong Kong an indepe...
19/09/2018

“PBM Business Planning & Management” proudly announces its collaboration with Skinitis Lex Mare LTD, Hong Kong an independent claims handling company predominantly appointed to handle, investigate & adjust claims on behalf of corporations involved in the maritime, aviation and energy sector across the Asia-Pacific region.

PBM’s Clients will now have the chance to find out more about the Asia-Pacific business market. Our expert team will provide all required information.

For more information you can contact:
[email protected]

18/06/2018

To all of you who liked my page. Thank you.

PBM Business Planning & Management is a Corporate Service Company providing business consulting & ma

Two years ago in the referendum of 23 June 2016 Britain citizens voted to leave the EU. So as a result of all the events...
30/05/2018

Two years ago in the referendum of 23 June 2016 Britain citizens voted to leave the EU. So as a result of all the events that followed this referendum, Britain will no longer be a member state as of midnight 30 March 2019 Central European time.

So far the UK and EU have provisionally agreed on the three issues:

• How much the UK owes the EU;
• What will happen to the Northern Ireland border and
• What will happen to UK citizens living in EU and EU citizens living in UK.

I believe point 3 is the main concern of most. In this post I would like to give a few useful links of sources that will assist you in understanding the present status quo. As things stand now, it is not expected that the state of British nationals living in Cyprus or of Cypriots living in the UK to change. That does not mean it will not, since negotiations are still much on going.

The Civil Registry and Migration Department of Cyprus has issued 2 announcements:

1. On 29/01/2018 titled “Questions and Answers – the rights of EU27 and UK citizens post-Brexit, as outlined in the Joint Report from the Negotiators of the European Union and the United Kingdom Government”.

It includes a document that reports on the rights between EU and UK citizens' post-Brexit.

http://www.moi.gov.cy/moi/CRMD/crmd.nsf/All/24D742A757905B3FC22582240031E50A?OpenDocument

2. On 12/02/2018 titled “BREXIT – European Commission Notices on the legal and practical implications of the withdrawal of the United Kingdom from the European Union”

It includes the EEC’s Notices on the legal and practical implications of the withdrawal of the UK from the EEC preparing the citizens and stakeholders for the Brexit and set out the consequences in a range of policy areas.

http://www.moi.gov.cy/moi/CRMD/crmd.nsf/All/C0684A0DB34C9F1EC2258232002BF77A?OpenDocument

The UK’s Government site has announced that “There will be no change to the rights and status of EU nationals living in the UK, nor UK nationals living in the EU, while the UK remains in the EU”

For more information you can look at the below two links:

1. UK nationals in the EU: Essential Information

https://www.gov.uk/guidance/advice-for-british-nationals-travelling-and-living-in-europe

2. EU nationals living in the UK: Essential Information

https://www.gov.uk/guidance/status-of-eu-nationals-in-the-uk-what-you-need-to-know

I hope I have managed to assist you a little bit on this subject.

Till next time.

Angie Petritsi
PBM Business Planning & Management.

21/05/2018

Need assistance with your day to day business management?

Need assistance with your financial planning, record keeping and billing?

Need assistance dealing with public services and other logistics?

“PBM Business Planning & Management” is the company for you!!

Our professional team is ready to be your right hand man offering to alleviate you from the day to day responsibilities and give you the breathing space to focus on other aspects of your organization that will increase its performance and productivity.

Contact us at: [email protected]

or

Call us at: 00357 9621 6968

Need assistance with your day to day business management?Need assistance with your financial planning, record keeping an...
17/05/2018

Need assistance with your day to day business management?

Need assistance with your financial planning, record keeping and billing?

Need assistance dealing with public services and other logistics?

“PBM Business Planning & Management” is the company for you!!

Our professional team is ready to be your right hand man offering to alleviate you from the day to day responsibilities and give you the breathing space to focus on other aspects of your organization that will increase its performance and productivity.

Contact us at: [email protected]

or

Call us at: 00357 9621 6968

General Data Protection Regulation - in simple wordsWe have all heard about GDPR, talked about it and have certainly don...
30/04/2018

General Data Protection Regulation - in simple words

We have all heard about GDPR, talked about it and have certainly done our share of internet browsing. But have we really understood what this is all about? From my personal experience after spending countless hours reading numerous articles and having had telephone conversations with my IT team and legal counsels I was still left with plenty of unanswered questions, one of these being “what is this all about?” The sources I found explained that in 1995 EU issued the Data Protection Directive aiming to protect all individuals with regard to the processing and transferring, within EEC, of their personal data such as home address, personal phone number, bank account, e-mail address etc.

The technological developments and globalization have brought new challenges for the protection of such personal data. More and more individuals, particularly via social media, make personal information available publicly and globally. And so the General Data Protection Regulation was adopted on 27 April 2016 which will be applied on 25 May 2018 on-wards.

It reinforces and protects the individuals’ rights to take back the control of the use of their personal information and sets regulations that all companies handling personal data must comply with.

(https://ec.europa.eu/info/law/law-topic/data-protection_en)

(http://eur-lex.europa.eu/legal-content/en/TXT/?uri=CELEX%3A32016R0679)

But let’s face it. These days a vast number of companies manage personal data one way or the other, from your local beauty parlor giving gift cards to shops to insurance companies, banks, hospitals, tax authorities the list is endless!!! With such a variety of cases, how and what can you do to be compliant with GDPR? Plus, if you do need to comply then you also need to set a Data Controller, who will determine the reasons of which the given personal data is processed and how, as well as a Data Processor who will process said personal data.

My research lead me to the only source that was able to help me and that was my country’s Commissioner Office for Personal Data Protection (COPDP)!!!!!

(http://www.dataprotection.gov.cy/dataprotection/dataprotection.nsf/home_en/home_en?opendocument).

As I manage a law firm and a catering business, I was confused as to how to handle matters, so I contacted my local COPDP and in a matter of minutes I found out that:

1. Where the law firm concerned, since they do not hold or manage any personal data but only corporate, they do not entirely fall in the GDPR. Nonetheless, and to be on the safe side, a policy had to be drawn in the company’s heading letter whereby it clearly needed to state:

• the identity of the organisation and the name of the Data controller;
• that the firm holds solely corporate data;
• who has access to it and
• that the firm does not and will not export in any way or form, digital or otherwise, the given information.

2. Where the catering business concerned, they only had to include in their pro-forma orders a section whereby it is stated that any personal data included will solely be used for:

• the particular order and/or any future orders that will be submitted by the same individual and
• that the firm shall a) not permit any processing of personal data by any third party without their prior written consent and b) notify them without undue delay and in writing if there is a breach of their personal data held by the firm.

That simple!!!! At least in the above two cases. Of course each business has its own criteria to examine, like in the big corporations, for example, things are a bit more complicated but what saves them is that they already have a set policy and they will only need to add the additional changes to include the GDPR regulations.

I hope this post has shed some light on this matter and has helped you understand that the best way to deal with this is to keep it simple and as clear as possible.

I would appreciate if you would share your opinions and experiences on this subject. I believe that the more information we get the more prepared we will be able to be.

Till next time.

Angie Petritsi
PBM Business Planning & Management

Address

35, AGIOU GEORGIOU STR
Nicosia
1040

Telephone

+357 96216968

Website

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