1          Regulatory Framework

The establishment and operation of Alternative Investment Funds (“AIFs”) is governed by the (“AIF Law”) as well as any secondary legislation issued in the form of derivatives/circulars by the Cyprus Securities and Exchange Commission (“CySEC”).  In addition, and depending on whether an AIF is internally and/or externally managed, the Alternative Investment Fund Managers Law of 2013 (“AIFM Law”) and Directive 2011/61/EU (“AIFMD”) provide further regulation in relation to this sector.

Continue reading here: https://iclg.com/practice-areas/alternative-investment-funds-laws-and-regulations/cyprus