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New Legislation To Bolster Cyprus’s Position In Collective Investment Schemes

by THEFUTURE.TEAM

The Cyprus Investment Funds Association (CIFA) recently announced a new legislative initiative aimed at strengthening Cyprus’s position in the global arena of collective investment schemes. As reported, this development marks a significant step forward for the Cypriot financial sector, positioning it as a more competitive and attractive destination for investment funds.

Overview of the Legislation

The new legislation introduces several reforms designed to enhance the regulatory framework governing collective investment schemes in Cyprus. These reforms are intended to align Cyprus with international best practices, ensuring that the country remains an attractive and competitive location for fund managers and investors.

Key aspects of the legislation include:

  1. Enhanced Regulatory Oversight: The new measures will bolster the regulatory oversight of investment funds, ensuring greater transparency and accountability. This will help mitigate risks and protect investors, fostering greater confidence in the Cypriot financial market.
  2. Streamlined Processes: The legislation aims to simplify administrative procedures, making it easier and more efficient to establish and operate investment funds in Cyprus. By reducing bureaucratic hurdles, the country can attract more fund managers and streamline operations for existing ones.
  3. Tax Incentives: To further attract international investment, the legislation includes provisions for favourable tax treatment of investment funds. These incentives are designed to make Cyprus a more appealing jurisdiction for collective investments, enhancing its competitive edge in the global market.
  4. Innovation and Flexibility: The reforms promote innovation within the investment funds sector by providing greater flexibility in fund structures and operations. This includes accommodating a variety of investment strategies and asset classes, which can attract a broader range of investors.

The introduction of this legislation is poised to have several positive implications for Cyprus’s economy and its financial sector.

The financial industry in Cyprus has welcomed the new legislation, recognising its potential to drive growth and enhance the country’s position in the global investment landscape. The Cyprus Investment Funds Association (CIFA) has been a key advocate for these reforms, highlighting the benefits they bring to both local and international stakeholders.

Industry experts anticipate that the reforms will attract a new wave of investment funds to Cyprus, leveraging the country’s strategic location, skilled workforce, and favourable business environment. The legislative changes are seen as a proactive move to adapt to the evolving global financial landscape and meet the needs of modern investors.

bbf: Presents :eden coast — The Art Of Living By The Mediterranean

by News Editor

Some destinations are remembered for where they are. Others for how they make us feel.

Life by the Mediterranean has a quality of its own. Defined by light, open horizons and a slower pace, it encourages a way of living where time is measured less by the clock and more by the moments that matter. It is this philosophy that inspired :eden coast.

With the unveiling of :eden coast, bbf: introduces an exceptional collection of beachfront villas in Geroskipou, Paphos, where architecture is conceived as a natural extension of its surroundings. Every residence has been designed to honour the coastline, allowing the sea, the light and the changing seasons to become the defining elements of everyday life.

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At :eden coast, luxury reveals itself with quiet confidence so nothing feels excessive. It is expressed in generous space, carefully composed proportions, enduring materials and an effortless relationship between interior and exterior. Expansive glazing welcomes the Mediterranean sky indoors, while private gardens, terraces and pools encourage a life lived as much outside as within.

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Few locations offer such a natural balance between tranquillity and connectivity. Set along a quieter stretch of Paphos’ coastline, :eden coast enjoys the rare privilege of beachfront living away from the crowds, where the landscape remains unspoilt and the rhythm of the Mediterranean shapes every day. Yet the cultural richness of Paphos, its vibrant dining scene, international airport and every modern convenience are all within easy reach, allowing residents to retreat into complete serenity without ever feeling removed from the world around them.

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Beyond the residences, a carefully curated collection of wellness and leisure experiences extends this philosophy. Landscaped gardens, elegant swimming pools, spaces dedicated to movement and wellbeing, and thoughtfully designed communal areas encourage a slower, richer way of living. They are not amenities in the conventional sense; they are an expression of a lifestyle shaped by balance, privacy and quiet sophistication.

“Our ambition was never simply to create beautiful residences. It was to create a place where architecture, landscape and everyday life exist in complete harmony—a place that feels as though it has always belonged to the coastline,”

says Artem Burtsev at bbf:.

In a world that rarely slows down, :eden coast offers something increasingly rare: the freedom to live at a different pace. Here, mornings begin with the sea, nature sets the rhythm of the day, and the energy of Paphos is always within easy reach. It is a place where tranquillity and connectivity exist in perfect balance, allowing residents to experience the Mediterranean not as a destination, but as a way of life.

For more information:
edencoast.cy
+357 26 962 365

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