In recent years, Cyprus has made enormous moves towards the enhancement and completion of the national legal framework concerning investment funds. With these legislations in place, Cyprus is set to be established as an international fund jurisdiction.
For the Funds sector to achieve both recognition and profitability it is important for professionals within the sector to be equipped with the most updated knowledge, best practices and tools, in order to obtain a solid understanding of the processes related to fund administration in Cyprus.
This course will provide an update to the current developments of the Cyprus Law regarding CIFs and their obligations. Moreover, the course expands on the UCITS and AIF law and management. The aim being to update the participants with the current requirements and guidelines issued by CYSEC regarding the provision of Investment Services.
After the completion of this workshop, participants will be able to distinguish the difference between UCITS and AIFS and will grasp an understanding of what the prerequisites and the ongoing requirements are for obtaining authorization for either a UCITS or an AIF and a UCITS Management company and an AIF Manager.
Additionally, the workshop will provide an overview of the fund operations process highlighting the key processes, procedures and roles within the fund administration. Practical examples, illustrations and where possible exercises will be used to enhance the learning process.
Seminar Content
Alternative Investment Funds (AIF)
Undertakings in Collective Investment Transferable Securities (UCITS)
Fund Administration
Who Should Attend
The course will be of benefit to all those professionals employed within the Funds sector as well as those who are seeking to join the industry. This will include any professional from the fund operations/administration teams, risk managers, compliance monitoring teams, audit and fund managers or third parties, lawyers, auditors and regulators.
Employees and Managers of Cyprus Investment firms and banks who offer investment services, compliance officers and internal auditors.