17 July 2019 Appointment of Depositary for AIFs Relevant to: Alternative Investment Funds (“AIFs”) Alternative Investment Funds with Limited Number of Persons (“AIFLNP”); Registered Alternative Investment Funds (“RAIFs”). The Cyprus Investment Funds Association (“CIFA”) has prepared a Summary outlining the requirements for the appointment of a Depositary to the different types of AIFs under the new Alternative Investment Funds Law of 2018 L.124(I)/2018. The abovementioned...Read More
COSMOS INSURANCE PUBLIC COMPANY LTD announces the appointment of Mr. M. N. Kyriacou as non-executive Board member of the Company as of 08/03/2019. For more information please click the Cyprus Stock Exchange Regulated Market Announcements.Read More
The Government of Cyprus issued its first ever 15 year bond at 2.75%. The EUR 1bn Bond was oversubscribed more than 8 times! The Republic of Cyprus, successfully launched a first ever 15-year bond, due 26 February 2034, the longest in its history. The EUR1bn bond carries a coupon of 2.75%. Citi, Goldman Sachs and HSBC were joint book runners. The success of this transaction highlights...Read More
07.01.2019 Clearstream headlines “Clearstream has further expanded its Vestima offering by making Cyprus domiciled investment funds eligible for order routing, settlement and custody. International customers can use their Vestima setup to directly access Cyprus domiciled funds and benefit from the same streamlined handling as for other markets. With assets under management (AUM) having more than doubled from EUR 2.1 billion in 2012 to EUR 4.8...Read More
