Members of the recently elected Board of the Cyprus Investment Funds Association (CIFA) met with the President, Mr. George Theocharides, the Vice President, Mr. George Karatzias, and key executives from the Cyprus Securities and Exchange Commission (CySEC), marking a significant stride towards enhancing collaboration and fostering mutual objectives in relation to the funds industry in Cyprus.
The discussions between CIFA and CySEC revolved around pivotal regulatory advancements poised to substantially benefit the investment funds sector. These include the under discussion at the Parliament Funds Administration Law and the streamlined licensing procedures that are set to significantly expedite the process for the registration of new RAIFs,