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We are thrilled to share that the Cyprus Fiduciary Association was recently featured in a special economic and business publication about Cyprus. The publication was distributed in the prestigious American newspaper, USA TODAY. In an up-to-date and insightful interview, Mr. Chris Koutouroussis, President of CYFA, provided valuable insights into the fiduciary industry in Cyprus. He...
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STEP Cyprus and CYFA would like to inform their members that in relation to the latest announcement of the Department of the Registrar dated 10/11/2023 regarding the start of the operation the final solution of the electronic system of the Register of Beneficial Owners (UBO Registry Final Solution ), have proceeded to communicate on the...
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CYFA would like to inform its members that the 11th Annual General Meeting (AGM) of the Cyprus Fiduciary Association took place on 19th October 2023, at 17:00 at Lemon Park in Nicosia, Cyprus. A relevant announcement is attached. The Board of Directors would like to thank all members for the trust shown and express its...
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The Association would like to inform its members that the 4th Brainstorming Event was held successfully on the 6th of September 2023 at Radisson Blue Hotel in Larnaca. The event aimed to provide the opportunity to member firm representatives to discuss, analyse and exchange ideas about specific challenges in our industry and to identify possible...
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We would like to inform our members that the Department of Registrar of Companies has issued on the 1st September 2023 an announcement informing of a final notice for the submission of UBO information to the UBO Registry and fine implementation. To access the relevant announcement please click here.   It is noted that each...
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We would like to inform our members that following the CYFA initiative, a meeting was held on the 30th of May 2023 between Association representatives and Ministry of Finance officials. During the meeting, which was held in a very constructive manner, Association representatives discussed with Ministry of Finance officials the latest industry developments and exchanged...
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CYFA would like to inform its members that Association representatives attended the Parliamentary discussions held by the Committee of Energy, Commerce, Industry & Tourism on the 23rd & 30th of May respectively. The purpose of the meetings was to discuss the impact and consequences of the recent US/UK sanctions as well as to identify ways...
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In relation to the Form RBSF-ASP, CYFA would like to inform its members that CySEC has accepted a relevant submission deadline request made by the Association on the 12th April 2023. In this respect, it is noted that the Form must be successfully submitted electronically via CySEC’s Transaction Reporting System (‘TRS’) by 15:00 hrs, Wednesday,...
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The Association would like to inform its members that as part of its overall efforts and initiatives to promote industry positions with key industry stakeholders, a meeting was held on Thursday 6th April 2023 between the CYFA and the ACB. The meeting’s purpose was to brief the ACB on the Association’s actions and exchange views...
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CYFA would like to notify its members that the Cyprus Securities and Exchange Commission (CySEC) issued on the 7th of April 2023 Circular C564 in relation to the new version of the Form RBSF-ASP Version 6. Its scope is the collection of various statistical information and CySEC will use this information, for the purposes of...
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