Investment Services Law

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The firm's legal practice revolves around Cyprus's role as a European hub for financial services.  Our expertise in all aspects of financial services renders us leading advisors-of-choice to Cypriot and foreign clients making serious steps towards choosing Cyprus as their centre, HQ or branch of their financial activity. 

Our Financial Services Advisory Practice Group enjoys a breadth of industry, enabling our advisors to provide an array of services ranging from licensing and compliance, corporate and personal tax, accounting, and project management of the whole setting up for the client.

Our daily work is advising and assisting financial services operators in the setting up and in the ongoing aspects of their operation from a Cypriot regulatory and legal perspective. We work hand in hand with the owners, directors and legal advisors of investment services companies, collective investment schemes, insurance companies, financial institutions and credit institutions in the establishment and maintenance of their licensed activity whilst at the same time working around the most appropriate and tax-efficient structure for that particular case.

Chetcuti Cauchi is the investment services advisory firm of choice for promoters, managers, administrators, and functionaries in general.

Our professionals are members of respected professional associations including the Cyprus Institute of Taxation, the Council of the Institute of Financial Services Practitioners (IFSP), various investment services subcommittees such institute, the Society for Trusts & Estates Practitioners, the Cyprus Institute of Accountants and the Chamber of Advocates.

We are often requested to draft position papers and consultative documents to be presented to the Regulator on all aspects of Cypriot Financial Services, we regularly speak at conferences and host specialist panels and we also regularly deliver investment services-related sessions in local and international fora.

Our services can be broadly divided into set-up and licensing related services and post-licensing regulatory compliance:

Set up and Pre-Licensing

Our firm provides assistance at every stage of the licensing process, including representation during preliminary and subsequent meetings with the local authorities, completion of documentation required for licensing purposes, drafting of business plans, completion of the various official documents required and the drafting of prospectuses and offering documents where these are required.

Chetcuti Cauchi’s lawyers can also provide specialized assistance in the structuring of any corporate entities used for the carrying out of the business, including the structuring of funds and the creation of sophisticated fund structures including sub-funds with segregated liability and unit trusts formats.

Post-Licensing and Compliance

Since Cyprus is a full member of the European Union, any investment services providers and other financial services providers established in Cyprus are required to comply, on an ongoing basis, with the various regulatory requirements established by the relevant EU directives. Our team provides a comprehensive compliance advisory service, advising clients with respect to compliance with the various licence conditions which may be imposed by regulators. Our firm also provides compliance advisory services with respect to critical areas such as anti-money laundering regulation and data protection law.

The firm’s expertise and familiarity with local regulatory processes and comprehensive licensing and compliance service has positioned Chetcuti Cauchi Advocates as the advisors of choice for discerning operators seeking a one-stop shop financial services solution provider in Cyprus.

 



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