Cyprus is becoming one of the fastest growing investment fund centres in Europe through the prompt response to legislative and regulatory needs and its strong financial services sector which is at the forefront of industry developments.
Since 1999 with the introduction of the law for Collective Investment Schemes, the country has continuously developed as a regional domicile for investment funds and managers. The growth of the investment fund sector is founded on the social and political stability of Cyprus and on a pragmatic legal and regulatory environment that is continuously evolving through constructive consultation between the regulator and the private sector.
Over time, efficient regulations have been enacted to facilitate the establishment and management of alternative investment funds and venture capital investment funds. By being in line with all the latest EU regulations relating to UCITS, Alternative Investment Funds and their Managers, Cyprus is today a uniquely competitive entry point to EU regulated fund management solutions.
This regulatory environment, combined with Cyprus’s geographical location at the crossroad of three continents, is attracting investment fund promoters and specialist service providers from various parts of the world offering unique investment opportunities and specialized expertise.
The Cyprus investment funds sector is also adhering to best practice of fund investor protection and anti money-laundering policies. Its workforce is amongst the most educated and trained in the EU with a long tradition of multicultural and multilingual expertise in providing fund solutions to an international business community.