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ARTICLE · 27 JULY 2015

Cyprus Funds

Soteris Flourentzos & Associates LLC
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The regulatory framework in Cyprus is all-encompassing but still attractive to investment funds for varied investor requirements.

CyprusFinance and Banking
Soteris Flourentzos
Soteris Flourentzos

Introduction

The regulatory framework in Cyprus is all-encompassing but still attractive to investment funds for varied investor requirements.

An investment fund may be set up in Cyprus either as an Alternative Investment Fund ("AIF"), or as an Undertaking for Collective Investment in Transferable Securities ("UCITS").

Cyprus administers all internationally recognized legal forms of both AIFs and UCITS funds, including Common Funds and Variable Capital Investment Companies

AIFs

AIFs may be set up and marketed to: a. Retail investors, or b. Professional or well-informed investors, in which case it can be established either as unlimited AIF with more stringent regulatory requirements or as limited AIF under a more flexible regime.

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