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Selk meets labour minister to discuss workforce issues in accounting and finance sector

Nicosia, Cyprus. The Institute of Certified Public Accountants of Cyprus (Selk) met Labour Minister Marinos Mousioutas this week to discuss issues affecting the accounting and financial sector. The meeting took place on Monday at the labour ministry, according to an official announcement.


Cooperation and workforce development

The meeting aimed to strengthen cooperation and exchange views on matters of strategic importance. Discussions focused on enhancing collaboration between Selk and the ministry, particularly in areas linked to workforce development and economic competitiveness.

Work permits and employment for third-country nationals

Among the topics examined was the approval of work permits for students from third countries, especially those seeking employment in the accounting and wider financial sector. Participants also addressed the need to provide employment opportunities for university graduates from third countries who hold professional qualifications such as ACA and ACCA.

Specialised human capital and labour market issues

Special emphasis was placed on the integration of specialised human capital from third countries, reflecting growing demand for skilled professionals in Cyprus. The meeting also covered pension reform, described as central to the long-term sustainability of the labour market.

Regional crisis and support for the ministry

Both sides examined the impact and management of the regional crisis and its implications for businesses and employment. They also discussed ways in which Selk can further support the ministry’s work.

Delegation

The Selk delegation included president Odysseas Christodoulou, vice president Andreas Andreou, and general director Andreas Papadatos.


What do you think should be prioritised to address workforce needs in Cyprus’s accounting and financial sector?

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