This programme has been approved by the Cyprus Bar Association (CyBAR) for 5 accredited CPD units.
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. A new piece of legislation was introduced in 2018 that aims to further promote the industry.
Training Objectives
This course will provide an update to the current developments of the Cyprus Law regarding AIFs, AIFMs and UCITS. The aim being to update the participants with the current requirements and guidelines issued by CYSEC regarding these instruments.
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.
Training Outline
Alternative Investment Funds (AIF)
Undertakings in Collective Investment Transferable Securities (UCITS)
Training Style
The training style will include the presentation of all the material using slides and handouts. The trainer will use practical examples to elaborate various concepts as well as show various videos that highlight particular course concepts and encourage class discussion. Participants will engage in exchange of ideas and sharing of knowledge on the subject matter. Participants will also be able to ask questions and obtain clarifications from the trainer on all the material covered.
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.
In addition, the course is suitable to employees and managers of Cyprus Investment firms and banks who offer investment services as well as compliance officers and internal auditors.