Breaking news

CIFA: A Year Of Strategic Growth And Opportunity For Investment Funds In 2025

The Cyprus Investment Funds Association (CIFA) is stepping into 2025 with renewed confidence, building on the significant achievements of the past years. Despite the global uncertainties that continue to unfold, Cyprus’ Investment Funds sector has firmly established itself as a vital contributor to the nation’s economic and social prosperity.

In 2024, Cyprus reached a major milestone, surpassing €9.3 billion in assets under management. This remarkable achievement highlights the sector’s impressive growth and resilience. The year also marked an expansion of Cyprus’ global presence, attracting new fund managers and investment opportunities, further cementing its status as a leading European hub for Investment Funds. This success was driven by strategic collaborations and the dedicated efforts of professionals within the sector, fostering the creation of specialized job roles and reinforcing Cyprus’ position as a robust financial centre.

Looking ahead to 2025, CIFA remains fully committed to promoting Cyprus as the premier destination for global investment funds. By working alongside key stakeholders, including the Ministry of Finance, the Cyprus Securities and Exchange Commission, and Invest Cyprus, CIFA aims to enhance the regulatory framework and drive innovative solutions for the industry. The timely approval of pending legislation that modernizes regulatory processes and introduces new investment structures is crucial for unlocking the full potential of the sector. These updates will provide the industry with the necessary tools to stay competitive and aligned with international best practices. CIFA urges all stakeholders to prioritize this agenda to ensure Cyprus continues to attract high-quality investments and talent.

In addition, CIFA recognises the importance of equipping individuals and businesses with essential financial knowledge. In 2025, the association plans to roll out initiatives designed to boost financial literacy across Cyprus. These will include workshops, partnerships, and digital campaigns aimed at enhancing understanding of investment funds and financial planning. By empowering citizens and professionals with the knowledge to make informed financial decisions, CIFA is contributing to the long-term economic resilience of Cyprus.

Maria Panayiotou, President of CIFA, shares her outlook for the year: “The success of the Investment Funds sector is a reflection of our adaptability, innovation, and ability to thrive in a competitive global market. In 2025, our focus will be on sustainability, technology-driven solutions, and strengthening our partnerships across markets. Our goal is to drive economic growth while delivering lasting value for society. With the combined expertise and dedication of our sector, I am confident that we will continue to play a transformative role in Cyprus’ economy, fostering resilience and creating opportunities for all.”

As Cyprus embarks on a year of revitalisation and resilience, CIFA remains steadfast in advocating for the interests of its members, elevating Cyprus on the international stage, and supporting initiatives that promote sustainable development within the financial sector. The association calls on all stakeholders to collaborate in advancing the innovation, sustainability, and resilience that will define Cyprus’ financial future.

Cyprus Boosts AI, Cybersecurity And Digital Resilience Through New Partnership

Cyprus is stepping up efforts to strengthen artificial intelligence governance, cybersecurity and digital resilience as senior officials seek to align policy, regulation and technical expertise better.

Strategic Cooperation Takes Shape

Communications Commissioner Marios Pieris and Chief Scientist for Research, Innovation and Technology Demetris Skourides met to discuss a strategic cooperation framework aimed at supporting the secure, responsible and innovative adoption of artificial intelligence across the public sector, the economy and society.

The discussions reflected the growing role of AI in shaping regulation, competitiveness, digital security and public trust, as governments across Europe prepare for wider deployment of the technology.

Preparing For The EU AI Act

A key focus of the meeting was the implementation of the European Union’s AI Act and the possible development of an AI Act Implementation Playbook for Cyprus. Such a framework would help public institutions and businesses translate the regulation into practical implementation.

The officials also discussed holding joint technical meetings and roundtables with ISO/IEC experts to bring internationally recognised standards and global AI governance expertise into Cyprus’ preparations.

Building Future-Ready Digital Defences

The meeting also addressed the broader challenge of strengthening Cyprus’ resilience against emerging risks associated with artificial intelligence and cybersecurity. Beyond regulatory compliance, the discussions focused on ensuring institutions, businesses and citizens can adapt to rapidly evolving technologies.

Pieris described AI and cybersecurity as closely connected pillars of Cyprus’ digital transformation, noting that stronger governance and security will become increasingly important as AI adoption expands.

He added that close cooperation among all relevant stakeholders will be essential to building a secure, resilient and trusted digital ecosystem.

Connecting Research, Government And Industry

Skourides highlighted the importance of closer collaboration among research, government, industry, and the innovation ecosystem, saying that stronger links would help Cyprus unlock AI’s potential while boosting competitiveness, productivity, and sustainable growth.

He also stressed that technological progress should remain aligned with European values, transparency and internationally recognised governance standards.

From Policy Discussion To Practical Action

Following the meeting, Pieris introduced the Office’s AI team to the Chief Scientist, extending discussions beyond policy towards future implementation and cooperation on AI, cybersecurity and digital governance initiatives.

Both sides agreed to continue holding regular working meetings with the shared goal of advancing innovation, strengthening digital resilience and supporting the safe and trustworthy deployment of AI in Cyprus.

The Future Forbes Realty Global Properties
eCredo
Aretilaw firm
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter