PRACTICE AREAS

FINANCIAL SERVICES & REGULATION LAW

We offer global clientele an excellent service coupled with a superior knowledge of the market and the Cyprus regulatory authority approach on financial services matters.

We can represent banks, broker, insurers, asset managers, investment funds, on full range of Cyprus legal and Cyprus regulatory issues. Our advisory services also cover developing financial service structure, governance and financial arrangements along with comprehensive transactional support.

The ever increasing scope of financial regulation requires expert advice that demonstrates a detailed knowledge across a wide range of products and services, as well as a practical understanding of how businesses and financial institutions can best structure their operations. 

We can advise clients on the following areas:

  • MiFID I, MiFID II

  • Custody and prime brokerage agreements

  • Conduct of business rules

  • Extensive regulatory advice through our close links with the regulatory authorities

  • Fund Licensing: Licensing applications to Cyprus Securities and Exchange Commission for RAIFs, AIFs, AIFM.

  • Investment Firm Licensing : assistance with set up and licensing of regulated entities under MiFID II

  • Assistance with the set up of operations of regulated entities and ongoing support through the lifecycle of the regulated entity.

  •  Payment and E-money Institution Licensing: assistance with the establishment and regulation of electronic money and payment services institutions. For more information click here

  • Assistance with the set up of operations of regulated entities and ongoing support through the lifecycle of the regulated entity.

See below for further information and to download our brochures

Introducing the RAIF

In July 2018, Cyprus introduced a new AIF regime repealing and replacing the 2014 legislation. Among its key provisions, the Law 84 (I) 2018 (“New AIF Law”) introduces the Registered Alternative Investment Fund (“RAIF”). This is a major achievement making Cyprus AIFs more attractive and flexible by significantly reducing the time frame and cost for establishing an AIF in Cyprus. 

Fund services

Our brochure on Fund Services outlines the latest legislative changes and ways in which we can assist our clients establish and manage the most appropriate fund structure for their needs.