The Cyprus Securities Commission has defined new criteria by which the significance of investment companies, or in other words, “significant CIF”, will be determined. Such changes were made within the framework of the law on investment services. The Law on Investment Services was adopted in 2017 but has recently been amended due to global changes in the world of investing. The changes in the criteria and the law itself are quite significant and change many different points, so if your activity is related to investment companies in Cyprus, you should familiarize yourself with the amendments.
Updating the criteria of significant Cypriot investment companies

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