Licensing of Cyprus Investment Firms

Authorisation of Cyprus Investment Firms under MiFID II, from business plan to ongoing compliance.

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A CIF licence is granted on the strength of the governance, not the website.

We prepare applications that show CySEC how the firm will actually be run.

Cyprus Investment Firm (CIF) licensing

We advise brokers, asset managers and investment advisers on obtaining and maintaining authorisation as a Cyprus Investment Firm with the Cyprus Securities and Exchange Commission. Cyprus implements MiFID II through Law 87(I)/2017, and a CIF licence can be passported across the European Economic Area.

How we help

  • Choice of licence scope: investment services, activities and ancillary services
  • Application to CySEC, business plan, programme of operations and policies
  • Governance, board composition and key function holders
  • Capital and prudential requirements under the EU investment firms framework
  • Passporting into other EEA states and establishing branches
  • Ongoing compliance, material changes and changes of control

Licensing & Legal Advisory of Cyprus Investment Firms, Brokers and Payment & E-Money Institutions

Common questions

Which law governs Cyprus Investment Firms?
Cyprus Investment Firms are governed mainly by the Investment Services and Activities and Regulated Markets Law 87(I)/2017, which implements MiFID II, together with MiFIR and the EU investment firms prudential framework, and are supervised by CySEC.

Can a CIF provide services in other EU countries?
Yes. Once authorised, a CIF can provide its licensed services in other EEA states through the passporting procedure, either on a cross-border basis or through a branch, after notification to CySEC.

 

Your contact

Andreas Mylonas, Managing Partner, oversees our CIF licensing work, with senior-level involvement in every mandate. Discuss your licence application.

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