The seminar studies the fund industry in Cyprus, with a particular focus on the function of
fund administration. The seminar provides an overview of how the fund industry operates,
providing key points on the organizational structure of funds and their different
characteristics (Section 1). Thereafter, the seminar studies the profession of Alternative
Investment Fund Managers (AIFMs) (Section 2), before it proceeds to analyze the key roles
and duties of fund administration (Section 3). Section 4 then draws on the latest industry
experience and practice, to explain the rationale underlying the proposal for a separate
Investment Fund Administration Law (IFA Law) and the key provisions thereof.

Lawyers, Fund Managers, Fund Administrators, Providers of Depositary Services, Individuals
with executive and non-executive position in funds and UCITs, compliance officers, antimoney
laundering officials, investors, policy officials, licensing service providers, auditors
and accountants, university students and generally anyone with an interest in or who is
involved in the Cyprus fund industry.