Corporate Governance: Cyprus’ Cabinet approved a bill to boost gender balance in senior decision-making roles at listed companies, requiring at least 33% representation of the underrepresented sex in management positions and aligning local rules with an EU directive. Financial Regulation & Markets: CySEC chairman George Theocharides said ESMA is not currently prioritising regulation of retail proprietary trading, suggesting the sector is slipping down the agenda. Tourism Oversight: A new Audit Office report warns licensing and supervision gaps are undermining Cyprus’ tourism upgrade push, with only 23% of hotels and tourist accommodation holding a full operating licence. Banking & Climate Finance: The Central Bank of Cyprus reported further integration of climate risk into its non-monetary portfolios, including higher holdings of green, social and sustainability bonds. EU Travel Rules: Cyprus is watching wider EU moves around the Entry/Exit System (EES), as more airports consider exemptions for Brits amid summer biometric processing complaints. Local Economy Pulse: “Cyprus Business Now” highlights the week’s key themes including inflation, banking developments and tourism pressures.