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CIFA Annual Review 2020

Cyprus Investment Funds Association Annual Review 2020

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Cyprus Investment Funds Association (<strong>CIFA</strong>)<br />

<strong>Annual</strong> <strong>Review</strong> <strong>2020</strong> 15<br />

Support<br />

<strong>CIFA</strong> members<br />

<strong>CIFA</strong>’s Technical Committees analyse<br />

and discuss implications, challenges and<br />

opportunities presented by developments at<br />

both a local and international level. Related<br />

guidance papers are issued to act as sources of<br />

reference to market participants and to help<br />

them capitalise on industry trends.<br />

Promote<br />

the Cyprus<br />

investment<br />

fund industry<br />

<strong>CIFA</strong>’s ultimate goal<br />

is to promote the<br />

Cyprus investment<br />

fund industry both<br />

at home and abroad.<br />

This is achieved locally by<br />

representing the industry in<br />

economic missions organised by<br />

the government and regulatory authority,<br />

by hosting fund conferences, events and<br />

seminars, and by interacting with the media.<br />

Internationally this is achieved by promoting<br />

awareness through its involvement with<br />

industry associations, participation in<br />

industry conferences, targeted roadshows<br />

and sponsoring international fund forums<br />

in key markets across the world.<br />

Our<br />

Mission<br />

Enhance professionalism,<br />

integrity and quality<br />

in the industry<br />

The global financial services sector is subject<br />

to fast-changing regulations and increased<br />

focus on compliance and transparency. <strong>CIFA</strong><br />

encourages professionalism, quality and<br />

integrity in the services offered by market<br />

participants by promoting the protection<br />

of investors, advocating<br />

adherence to high ethical<br />

standards, transparency<br />

and good corporate<br />

governance. <strong>CIFA</strong> also<br />

provides relevant<br />

training in order to<br />

further support the<br />

industry’s growth<br />

and the development<br />

of best practices.<br />

Shape and develop<br />

regulation<br />

<strong>CIFA</strong> monitors developments in the global<br />

industry and works closely with the<br />

government and regulatory authority in<br />

shaping regulation, both when required<br />

in light of regulatory developments at a<br />

European level, as well as when needed<br />

to develop new products and services<br />

in order to remain competitive.

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