Fund / Asset Management Committee; Demetris Taxitaris, Chairman, [email protected]

Terms of reference

The scope of the Committee is to monitor developments and exchange of information that relates to the Fund / Asset Management community and to develop standards and best practices in this field.  In particular the Committee is expected to:

•    Provide CIFA Members with information on the authorisation procedure of Cyprus UCITS & AIFs management companies and of the documentation required, including timelines and fees.
•    Provide CIFA members with information on the electronic notification procedure of UCITS & AIFs cross-border management.
•    Develop detailed guidelines that would define “best practices” for the asset/fund management industry by continuous benchmarking with the best of breed fund managers for the different types of investment funds.
•    Promote a commitment to openness and transparency towards investors and catering for the investor’s interest.
•    Follow closely the disclosure/reporting requirements.
•    Promote proper fund governance.
•    Disseminate information to members on all of the above issues.

The above list is non-exhaustive and other related issues may also be analysed and dealt with by the Committee as appropriate.

Chairman: Demetris Taxitaris, [email protected]