In an attempt to promote Cyprus as an attractive Jurisdiction for Professionals and Investors from third Countries that deal with Investment Funds and Investment Managers, the Cyprus Chamber of Commerce, the Cyprus-Russian Association and K.Treppides & Co Ltd, have successfully organized a conference on the 15th of June 2017 at Four Seasons Hotel in Limassol with subject “Funds in Cyprus: An Attractive Jurisdiction.”
During the Conference, the participants were informed about the recent developments in the sector of Funds in Cyprus as well as the role of the Regulator in the Funds’ Industry.
According to Mr. Marios A. Cosma, Managing Partner of K.Treppides & Co Ltd, Cyprus is continuously evolving as the new Fund jurisdiction and is pioneering as a financial center in the European Union.
The Vice President of the Cyprus Securities and Exchange Commission Mr. Andreas Andreou, confirmed that the Commission as the regulatory authority in collaboration and co-operation with the Government, will carry on supporting the Funds Industry, in order to maintain a healthy and competitive regulatory framework under the European Union’s legislations.
Mr. Angelos Gregoriades, the President of Cyprus Investment Funds Association and Chairman of KPMG, pointed out that the Association works on the developments and expansion of the Funds’ Industry in order for Cyprus to become a pioneer jurisdiction for Funds.
The participants had the opportunity to be informed by K.Treppides & Co Ltd specialists about possible Fund structures which are provided under the current legislative framework as well as their Tax implications.
In addition, the participants were informed for all upcoming changes in the regulatory framework in relation to the subject of the conference. Furthermore they had the opportunity to listen to personal experiences from Russians and other professionals, who have entrusted Cyprus as the place to set up their Funds and Fund Managers from where they operate and execute their investments in Cyprus and around the globe.
The Financial Regulation and Advisory Department of K.Treppides & Co Ltd is consistent by professionals with extensive knowledge and experience in Funds and Fund Managers, who assist the majority of the active Funds and Fund Managers in Cyprus.