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The Cyprus fund industry is growing steadily, but could attract more fund managers if it takes advantage of the current opportunities arising from Brexit and the positive momentum created by its new AIF and securitisation laws, says EY Law head Charalambos Prountzos.
Pioneering work in the relatively new field of heritage sciences is just one of several coups by the Cyprus Institute, the island’s leading science and technology institution, which has been in operation for just over a decade, says CyI President Costas Papanicolas.
The Cyprus citizenship and residency regimes are some of the best internationally, but more can be done to further improve the programmes and their reputation to ensure long-term benefits for the local economy, says Yiannos Trisokkas, Managing Partner, Henley & Partners.
Cyprus is fast becoming one of the top emerging international business hubs in Europe, due to its continuous efforts to upgrade its legislative and regulatory framework as well as its strong network of professional and financial services, says Marios A. Klitou, CEO, Baker Tilly South East Europe.