This specialized seminar offers an in-depth overview of the new Cyprus Fund Administrators Law, equipping participants with essential knowledge to understand and comply with the legal, operational, and reporting requirements governing fund administration activities in Cyprus. The training emphasizes the regulatory framework applicable to UCITS and AIFs, the role and obligations of Fund Managers and Administrators, licensing and organizational requirements, and best practices in outsourcing and conflict management.

The seminar covers the entire regulatory framework introduced by the Establishment and Operation of Cyprus Fund Administrators and Related Matters Law of 2025, including:

• Cyprus Collective Investment Scheme Sector (UCITS & AIFs)
• Role of the Fund Manager and Fund Administrator
• Licensing, organizational, and contractual requirements
• Public register and reporting obligations
• Record-keeping and compliance standards
• Conflicts of interest, outsourcing, and monitoring mechanisms
• Sanctions, penalties, and ongoing supervisory expectations

  Fund Administrators operating in or from Cyprus

  Compliance Officers, Legal Advisors, and Risk Managers within Investment Funds

  AIF and UCITS Managers

  Professionals seeking to become licensed Fund Administrators

  Legal and Financial Consultants advising UCIs

  Professionals involved in fund governance, operations, and administration

1. Introduction to the Collective Investment Scheme Sector in Cyprus
   • UCITS vs AIFs: Structure and Regulatory Framework
   • Advantages of AIFs over UCITS
2. Role of the Fund Manager
   • Portfolio Management and Risk Management
   • Functional, Hierarchical, and Organizational Separation Requirements
   • Administration and Marketing Responsibilities
3. Introduction to the Fund Administration Law
   • Historical Background and Purpose
   • Scope and Applicability
4. Licensing Requirements
   • Application Process and Required Documentation
   • CySEC Evaluation and Public Register
5. Organizational and Operational Requirements
   • Executive Directors, Shareholders, Internal Controls
   • Insurance and Capital Requirements
   • Appointment of Compliance Officer and Internal Auditor
6. Contractual Framework
   • Mandatory Content of Agreements
   • Delegation and Outsourcing Clauses
7. Record-Keeping and Compliance Obligations
   • Detailed Reporting and Record Maintenance
8. Continuous Monitoring and Notifications
   • Obligations for Ongoing Supervision
   • Material Changes and CySEC Notifications
9. Conflicts of Interest
   • Identification, Management, and Disclosure
   • Organisational Measures for Conflict Avoidance
10. Outsourcing Provisions
    • Regulatory Conditions and Reporting Requirements
    • Agreements, Due Diligence, and Oversight
11. General Conduct Rules
    • Fiduciary Duties, Fair Treatment, Market Integrity
12. Reporting and Auditing Requirements
    • Annual Reports and Audited Financial Statements
13. Fines, Sanctions, and Criminal Offences
    • Administrative Sanctions
    • Legal Liabilities of Entities and Individuals