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ARTICLE · 19 JUNE 2019

Alternative Investment Funds In Cyprus

A. Danos & Associates LLC
A. Danos & Associates LLC
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A. Danos & Associates LLC

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The Alternative Investment Funds Law of 2014 was enacted by the parliament on the 10th of July 2014 and entered into force on the 27th of July 2014.

CyprusFinance and Banking
Alex Danos
Alex Danos

The Alternative Investment Funds Law of 2014 was enacted by the parliament on the 10th of July 2014 and entered into force on the 27th of July 2014.

This new Law provides for the establishment and operation of Alternative Investment Funds (AIF) in Cyprus. The Alternative Investment Funds Law of 2014 replaces the International Collective Investment Schemes Laws of 1999 and 2000. The new Law creates a framework for the operation of Alternative Investment Funds which is in harmony with the relevant EU directives.

Key Provisions of the Law

  • The sole regulatory body responsible for the regulation and supervision of Alternative Investment Funds is the Cyprus Securities and Exchange Commission (CySEC). Under the previous regime the relevant regulatory body was the Central Bank of Cyprus.

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