What is ESG and why does it matter?

In a now-famous 1970 Times magazine article, the economist Milton Friedman argued that businesses’ sole purpose is to generate profit for shareholders. The piece remains as polarizing today as it was five decades ago. While critics have traditionally argued that the basic nature of business does not consider society as a stakeholder, younger generations are…

The growing fund industry in Cyprus

In just a few years, Cyprus has become one of the top emerging investment fund centers in Europe. At the end of the third quarter of 2021, the amount of Assets under Management of Cypriot investment funds reached €11.6 billion, and the island’s growth rate has far outshined that of other European countries. Xenia Neophytou,…

Moving closer to the ‘New Normal’ How ready are we? What changes we should expect

“Moving closer to the ‘New Normal’ How ready are we? What changes we should expect” webinar highlights

On May 18th, CX Financia participated in the Great Britain – Cyprus Business Association’s 7th international webinar titled “Moving closer to the ‘New Normal’ How ready are we? What changes we should expect”. If you are interested in watching the full webinar, you can find the recorded video here. The main topics discussed by the experts…

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

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

On April 20th, the Great Britain – Cyprus Business Association held a webinar titled: “Cyprus and United Kingdom: The promising Lands? – Services and Opportunities” If you are interested in watching the full webinar, you can find the recorded video here. Industry experts were invited to talk about Banking Services, Legal Services, Financial & Tax Services, Real…

BusinessDirection 2018

Business Direction: Cyprus 2018

Join us at Business Direction: Cyprus 2018′ in London, the perfect place to meet and connect with local professionals and experts, and discover Cyprus as one of Europe’s most attractive center for investment in a variety of areas such as financial and legal services, shipping, funds and asset management, large scale property projects, energy, real…

New Alternative Investment Funds Legislation

New Alternative Investment Funds Legislation to Boost Cypriot Funds Industry

On 10th July 2018, the Parliament of the Republic of Cyprus passed significant amendments to the Law 131(I)/2014 on Alternative Investment Funds (AIFs). The amendments are emphasizing the introduction of the Registered Alternative Funds (RAIFs). The main characteristics of RAIFs are: Must be registered with the Cyprus Securities and Exchange Commission (CySec) but they will…

3rd International Funds Summit

3rd International Funds Summit – Review

The 3rd International Funds Summit, organized by the Cyprus Investment Funds Association (“CIFA”), was held in Limassol between 29-31 October 2017. The Summit’s core topics included the development of the regulatory environment in Europe, Asia and Africa, in relation to Funds and their operation across these continents. The technological developments around financial services. The current…