Establishing a CySEC Investment Firm in Cyprus in 2023
According to the most recent statistics published by the European Securities and Markets Authority (ESMA), Cyprus has emerged as the primary destination for companies offering investment services within the European Union (EU) and European Economic Area (EEA). With a substantial clientele of over 2.5 million cross-border retail investors, Cyprus has firmly established itself as an international hub for investment services.
As per the Chairman of the Cyprus Securities and Exchange Commission (CySEC), Cyprus stands ready to welcome highly qualitative business. As illustrated in the diagram provided by CySEC, there are currently 250 Cyprus Investment Firms (CIF) with diverse business models. These entities are actively engaged with the provision of investment services to a wide range of clients, including retail and professional investors, as well as eligible counterparties.
In this article, the SALVUS Investment Firms Licensing team presents the key advantages of establishing an Investment Firm in Cyprus. The team offers valuable insights into investment and ancillary services, along with the corresponding capital requirements. Furthermore, the team addresses various licensing challenges and explains how SALVUS can facilitate the entire process. The article focuses on the following core areas:
- Why establish a Cyprus Investment Firm (CIF) under CySEC?
- Investment & Ancillary Services and Capital Requirements
- Key licensing challenges
- How SALVU can support your CIF licensing
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Find the full article here: https://salvusfunds.com/2023/10/30/establishing-a-cysec-investment-firm-in-cyprus-in-2023/
