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  • Cyprus Funds - October 2019

Cyprus Funds - October 2019

Karlos Zangoulos, Managing Partner, Head of Tax |
Rois Potamitis, Managing Partner, Head of Advisory and Risk Management Services |

22 October 2019

Cyprus is fast becoming a location of choice for many promoters and fund managers
and this is evidenced by the growing number of fund service providers established in Cyprus
and the formidable growth in assets under management to over €7 billion in 2019.

As a European Union Member State, Cyprus benefits from the harmonisation of EU financial
services regulations. The high quality of financial services offered, combined with the
flexibility and clarity of its laws and regulations together with its geographical location,
enable Cyprus to serve as a convenient ‘bridge’ offering competitive access to Europe,
the Middle East and Africa. Cyprus is now one of the top emerging investment fund centres
in Europe and is developing into a key regional domicile for investment funds and asset

Funds are also performing an increasing role in the real economy acting as a substitute to
bank financing, by investing in long-term infrastructure, healthcare and education projects
and private equity investment assisting start-ups and established companies to expand
operations and enter international markets.

Please click here to download our complete Cyprus Funds brochure, which includes the Fund Services we provide.