Nov 27, 2014

Letter of CIFA Chairman following the AGM of CIFA

Dear CIFA Members,

On behalf of the CIFA Board of Directors, I would like to extend our gratitude for your presence at CIFA’s first Annual General Meeting (‘AGM’) held at the Hilton Hotel on Monday, November 17th, 2014. It is indeed with great delight that we encounter our Members’ support and commitment to the hard work we have ahead.

Perhaps one of the most important achievements of the prior year was the establishment of the Association’s Technical Committees, from whom we also heard at the AGM. As was noted, each of the Technical Committees has been hard at work dealing with the numerous regulatory, tax and operational matters affecting the industry. I would like to express the Board’s sincere appreciation to each of the respective Chairmen of the Technical Committees as well as their participants, for kindly dedicating their time to helping us achieve our goal.  The work of each of the Committees will undoubtedly be of great use to the Association’s Members and will further allow us to identify important matters to be addressed in our efforts to firmly place Cyprus on the map of credible fund and asset management jurisdictions.

I would like to reiterate how important it is for our Members to have a direct involvement in the promotion of both CIFA and Cyprus as a fund and asset management jurisdiction. In this regard, I urge all of you to get involved, either by serving on one of the Association’s Technical Committees, contributing to the Association’s quarterly Newsletter, or by getting involved in the organization of our upcoming industry conference (scheduled for April 2015).  We are also happy to hear any suggestions you may have for how we may better succeed in our mission and promote Cyprus globally as a reputable fund and asset management jurisdiction.

Your continued support is greatly appreciated and we look forward to working collectively in achieving our goals during 2015.

Best regards,

Angelos M. Gregoriades
Chairman

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