The Fund Industry in Cyprus

80.00

  • 3 CPD Hours

Cyprus’ ambition to enhance its International business center status with the capture of a bigger piece of the lucrative fund management business has led to a substantial amendment of its legislative and regulatory framework to accommodate the demands of fund managers, the investors, and most importantly the European Union and International trends in regulation and compliance. This has given rise to the Alternative Investment Fund law of 2018 and, subsequently, to a significant growth of the fund market in Cyprus, both in terms of value of assets and in terms of number of Investment Funds. This seminar aims at giving a practical, inner sight of the available fund structures in Cyprus, their core regulatory/compliance reporting obligations to CySEC, addressing also the newly established framework of crowdfunding.

Objective:

By the end of the seminar the participants will be able to:

  • Understand the structure and the key features of AIFs, AIFLNPs, RAIFs, Fund Managers, including Mini Managers.
  • Become familiar with the core regulatory/compliance reporting obligations of Investment Funds to the Regulator.
  • Understand the concept of investment-based crowdfunding, which is a new regulated funding option entrusted to CIFs

The seminar is addressed primarily to all interested professionals wishing to be informed and trained on a pure practical basis about the regulatory, compliance, reporting and other obligations of fund administrators in Cyprus.

Instructor

Charis Savvides

Dr. Charis Savvides is an experienced corporate lawyer and law lecturer at the University of Nicosia with both practical and teaching experience in Corporate, Competition and Financial law, as well as in Regulation and Digital Currencies, a course offered by the University in the context of its MSc in Digital Currency.

Dr. Savvides obtained his law degree from the National and Kapodistrian University of Athens in 2005 and continued his postgraduate studies in the United Kingdom, with emphasis on International and European Business Law, obtaining his LL.M in International Commercial Law from the University of Nottingham and his PhD in Law from the University of Sheffield. His doctoral thesis was on competition law and more specifically on the EU regulatory framework on state aids to firms in difficulty.

He is Partner at the law firm Stelios Americanos & Co LLC, one of the largest, full service, law firms in Cyprus, with significant experience in the broader area of financial and investment regulatory compliance and fund administration. He is Head of three Departments of the law firm, namely: (i) Financial & Investment Regulatory Compliance, (ii) Restructuring, Receivership & Liquidation, and (iii) Innovation & Blockchain.

Dr Savvides is regular speaker at professional seminars and conferences, where he shares his knowledge and experience about the regulatory status and trends in the fields of Investment Funds and Cryptocurrencies. In addition, he serves as non-executive director in a Forex company and in a private equity Alternative Investment Fund, both regulated by the Cyprus Securities and Exchange Commission (CySEC).

Outline

  • Incorporation and structures of Fund Management Companies (AIFMs & Mini Managers – which is new)
  • Fund Administrators (key roles and duties)
    The new (2018) AIF Law
  • AIFs / AIFLNP & RAIFs – which is a new and developing trend
  • Investment based Crowdfunding – which is a funding new option, entrusted to CIFs

What’s included

  • Pre-Recorded Videos

  • Short Quizzes

  • Seminar notes

  • 24/7 access to our online platform

  • Certificate of Completion

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