What are the basic requirements for establishing a Cyprus Investment Firm (CIF)?

A Cyprus Investment Firm (CIF) is considered any legal entity offering professional investment services established in the Republic of Cyprus and licensed by the Cyprus Securities and Exchange Commission (CySEC). Over the past two decades, Cyprus has developed as a hub for investment firms with an ever-growing number of licensed entities under CySEC’s supervision. To…

Cyprus Investment Firms (CIFs) – All you need to know

Cyprus Investment Firms (CIFs) – All you need to know

The financial sector in Cyprus is continuously growing. Our company has been successfully obtaining licences for our clients for the authorisation of Investment Firms (CIFs), Investment Funds (AIFS and AIF Managers) and Electronic Money Institutions (EMIs). We undertake, advise and support with the application process. We fully support them in setting up their business, maintaining it operational and addressing their post-licensing…

Analysis of Class 2 Firms – IFD/IFR

Analysis of Class 2 Firms – IFD/IFR

IFD/IFR – Analysis of Class 2 Firms and their Capital Requirement Calculations Introduction In our previous article (can be found here) we analyzed the categorization of investment firms in accordance with the new Prudential Regulation and Directive (IFR/IFD). Class 2 investment firms will be subject to new risk-based regulatory capital requirements, assessed as the higher…

A guide of the new prudential framework IFD/IFR

A guide of the new prudential framework IFD/IFR

Guide on the implementation of the new prudential framework of Investment Firms (IFD/IFR), publication and testing submission of the new reporting forms under IFD/IFR Background The EU has adopted a new harmonised prudential regime that has been applied to all investment firms authorised in the EU since June 2021. The new Investment Firm Regulation and…

Cyprus and United Kingdom: The promising Lands? – Services and Opportunities

“Cyprus and United Kingdom: The promising Lands? – Services and Opportunities” webinar by the Great Britain – Cyprus Business Association

We are happy to announce our participation and sponsorship in the Great Britain – Cyprus Business Association’s next upcoming webinar. The title of the webinar is “Cyprus and United Kingdom: The promising Lands? – Services and Opportunities” and it will be held on the 20th of April, from 2.00 p.m. – 4:00 p.m. UK Time…