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Cyprus fund association admitted into EFAMA  

June 17, 2014
Daniel Flynn, International Advisor

The Cyprus Investment Funds Association (CIFA) has become a member of EFAMA following a “rigorous assessment” of Cyprus’s fund management framework.

The CIFA now holds observer status at the European Fund and Asset Management Association, the representative association of the European investment management industry, for two years beginning this month.

EFAMA also examined Cyprus’s adoption of UCITS IV and the AIFMD (Alternative Investment Fund Managers Directive) before allowing the CIFA's participation.

CIFA president, Angelos Gregoriades, said: “The approval of CIFA’s membership to EFAMA marks a vote of confidence in Cyprus as a fund and asset management centre.

Read more: International Advisor

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