The AIFM Legislation

The programme aims to deliver an overview of the AIF legislation and is aimed at professionals working in any type of AIF.

The course provides an overview of how the legislation should be interpreted and implemented in practice by funds operating in Cyprus. The course will elaborate issues such as the difference between light and full AIFMD regimes, as well as units, redemptions, special provisions, and disclosures.

During the first day, of the 2-day programme, the initial two parts of the legislation will be addressed, where the most generic regulations which define the AIF characteristics will be elaborate on, including VCIC and FCIC and Limited Liability Partnerships. On the second day, the remaining parts of the law are studied, with emphasis on the compliance of the AIF with the law and the supervision of AIFs. Special mention to AIF marketing is also made.

Training Objectives

By the end of this programme, participants will be able to:

• Understand the general characteristics and discriminations of AIFs
• Identify the special provisions of a Common Fund
• Understand the difference between VCICs and FCICs as well as Limited Partnerships
• Understand the supervision and compliance of AIFs
• Assess how the marketing of AIFs should be made