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€220
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The Fund Industry: Definitions, Structures, Strategies and Regulation
Dates
- September 2026to (2 sessions)Delivered Online€220+ VAT
Highlights
Online
5 CPD Units | 5 Hours
The EIMF Live Online Learning Experience
Participants will receive access to the recorded sessions of the course.
EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more
Course Overview
Mutual Funds are a very widely used financial tool. Investors, professionals and individuals make use of them in order to benefit from the professional investment management and risk diversification.
Cyprus is rapidly emerging as a fund jurisdiction both for UCITS and AIFs. Assets under management grow at a fast pace and more and more people are becoming familiar with these products.
The legislative environment is full and up to date and investors have a lot of options available.
This seminar aims to familiarize participants with basic elements of the Fund industry, the structures available in Cyprus and the prevailing laws and regulations.
Training Objectives
During this seminar participants will attain an understanding of:
The basic notions around investment funds
The common things and differences between UCITS and AIFs
The available structures
The basic legal requirements
The ways that funds operate
Training Outline
What is a UCITS fund
When did they start, historical background
Rulebook, prospectus and other documents of the funds
Units
Management companies
European passport and freedom in services provision
Permitted investments
What is the custodian and why it is important to the investors
Existing legal framework
Directive UCITS IV & V
Law 78 (I) 2012
The 5th AML Directive: the core goals and what to expect
Provisions of the New Directive for both UCITS and AIFs
Basic provisions of the UCITS law
AML rules for UCITS
Other issues
General characteristics of AIFs
Authorization of an AIF
Common rules for the organization and functioning of AIFs
AIF external manager
AIF custodian
Subscription and redemptions of AIF units
Special provisions
Obligations for investors information
Mergers
Distribution of foreign AIF units in Cyprus
Listed AIFs
Regulatory environment
AIF with limited number of persons
Registered AIFs
Authorization of AIFMs
Operating Conditions for AIFMs
General requirements for AIFMs
Organizational requirements for AIFMs
Delegation of AIFM functions for AIFMs
AIF depositary
AIFMs managing special types of AIF
Rights of AIMFs to manage and market EU AIFs in the Union
Specific rules in relation to third countries
Marketing of units of AIFs to retail investors in the Republic
Supervision rules
Who Should Attend
People working as Fund Managers, Fund Administrators and other Professionals who need to update or refresh their knowledge on Mutual Funds including Lawyers, Accounting Firms and Corporate Service Providers, that need to understand the funds industry.
Training Style
The training style will include the presentation of all the material using slides and handouts. The trainer will use practical examples to elaborate various concepts and encourage class discussion. Participants will engage in an exchange of ideas and sharing of knowledge on the subject matter. Participants will also be able to ask questions and obtain clarifications from the trainer on all the material covered.
CPD Recognition
This programme may be approved for up to 5 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
In-house Training
For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.