Description: CIFA is the Association of professionals, businesses and organizations offering services and being involved in the Investment Funds Sector in Cyprus.
Cyprus is fast becoming one of the top emerging investment fund centres in Europe, offering unique access to high-growth markets. Determined to stay at the forefront of industry developments and continuously upgrading its legislative and regulatory regime, Cyprus has developed into a key regional domicile for setting up investment funds and establishing asset management companies for pan-European reach.
The Cyprus legal and regulatory framework for AIFs is fully aligned with EU directives on asset management, with the aim to enhance transparency and investor protection.
Undertakings for Collective Investment in Transferable Securities are collective investment schemes, principally designed for retail investors, established and authorised under the harmonised European Union (“EU”) framework.
| EFAMA