regulatory reforms

Cyprus Investment Funds Industry: A Leap into Dynamic Growth

The Cyprus investment funds industry is on a growth trajectory with regulatory reforms like the Funds Administration Law and Partnership Law, alongside the implementation of a Categorization Directive aligned with AIFMD II. These changes aim to boost competitiveness, attract a wider investor base, and unlock crossborder investment potential, setting the stage for a dynamic financial sector in Cyprus.

financial crimes international cooperation

Mixed Reaction to US-Cyprus Cooperation on Sanctions Evasion

By Demis Papadopoulos

The USCyprus partnership signals a crucial step in cracking down on financial crimes like money laundering and sanctions evasion. Cyprus aims to shed its tainted reputation as a destination for illicit funds by enhancing its judicial and law enforcement capabilities with US assistance, despite challenges in enforcing new regulations and facing internal resistance.