31 May & 1 June 2021 | 9:00 a.m. – 12:15 p.m. | 6 CPD
31 May & 1 June 2021 | 9:00 a.m. – 12:15 p.m. | 6 CPD
Please note that KPMG will offer this training face-to-face at KPMG offices in Nicosia, should there is a considerable decrease in COVID-19 cases in Cyprus and the government restrictions allow this adjustment. In such a case, the training will be conducted on 1 June 2021. Further information will be communicated to you in due course.
This training focuses on the Alternative Investment Funds (AIF) regulatory framework and industry practices. Expert trainers with solid experience on funds will assist the attendees in understanding both the setup procedures and the ongoing operations of an AIF and use real-life examples, which will enhance the participants learning experience. The 2018 Cyprus AIF Law will be covered, as well as the latest developments in the area. Through the webinar participants will comprehend the options to setup AIFs and feel confident to cope with the ongoing requirements.
By the end of the webinar, participants will:
The training will cover the Cyprus regulatory framework for funds and asset managers, as well as good practices followed by foreign regulators and financial services participants. Therefore, fund managers, employees of CIFs, employees of firms offering fund consulting and other services such as lawyers, accountants and professionals of fiduciary firms will benefit by attending this training.
*The number of participants is restricted to 28.
Join the webinar (8:30 a.m. - 9:00 a.m.) *
Sessions (9:00 a.m. – 12:15 p.m. including a 15-min break between sessions)
1. Introduction (45 min)
2. Overview of the legal framework for funds (1 hr & 30 min)
3. Fund manager and key service providers (1 hr & 15 min)
1. Cyprus Legal Framework for Asset Management-Eligible entities
2. Duties of external manager
1. Fund Administrator
2. External Auditor
3. Internal Auditor
4. Regulatory Compliance/Anti-money Laundering Compliance Officer
4. Authorisation / Registration of Alternative Investment Fund (45 min)
5. Investment fund operations & administration (45 min)
1. Annual report
2. Semi-annual report
6. Investment fund tax considerations (30 min)
1. Taxation of the fund
2. Taxation of the investors
7. Case studies (30 min)
*Note: Please join the meeting 30 minutes prior to the webinar’s start time (join at 8:30 a.m.), in order to make sure that you do not face any connection or other technical issues.
If you wish to register for the webinar, please complete the registration form.
Once your registration is submitted, you will receive an email stating the participation fee, including any discounts, if applicable. Kindly note that the payment should be settled at least two days prior to the webinar’s date for your registration to be confirmed.
The programme has been approved by the HRDA. Enterprises participating with their employees who satisfy HRDA’s criteria, are entitled to subsidy. Please note that there are limited seats available, therefore enrol in this webinar as soon as possible.
If you do not receive our confirmation e-mail regarding your registration, your participation cannot be guaranteed.
€264 + VAT. Net investment after subsidy from the HRDA of €102: €212,16 (including VAT) for all eligible participants*
*Last Date for 10% Early Bird Discount: 10/05/2021
For any queries, please contact Irini Avraam on +357 22 207 460 or at email@example.com.
CPD: This webinar may contribute to Continuing Professional Development requirements. Shortly after the webinar’s date, participants will receive electronically a certificate of attendance confirming the total number of training hours (6 CPD).
Board Member, Asset Management, KPMG in Cyprus
Antonis is a Board Member and heads the Asset Management Division. He leads an integrated team which facilitates structuring, setting up and operating fund vehicles and fund management companies in Cyprus.
He holds a BSc (High Honours) in Business and Mathematics from Wake Forest University, NC, USA. Additionally, he is a Member of the Institute of Chartered Accountants in England and Wales (FCA) and the Association of Corporate Treasurers, UK (AMCT). He also holds the Advanced Level Certification from the Cyprus Securities and Exchange Commission.
Antonis served as the Group CFO of Hellenic Bank in Cyprus during 2008-2017. Prior to Hellenic Bank, he led the Financial Risk Management Division of KPMG in Cyprus and between 1996-2004 he worked at Credit Suisse (Singapore, Cyprus, London). Antonis returned to KPMG in 2017. He has a broad experience in all aspects of fund management and a strong technical expertise in both operational and regulatory areas.
Manager, Asset Management, KPMG in Cyprus
Demetris is a Manager in the Asset Management team. His main areas of practice include the licensing of Investment Funds (AIFs and UCITS) and Fund Managers, as well as the compliance, governance, regulatory advice, restructuring and risk management advice of such entities. Also, he has an active role on operationalization projects of financial services companies (such as fund management entities and Credit Acquisition Companies).
He graduated from the University of Nottingham with Master’s Degree in Finance and Investments. In addition, he holds the Advanced Level Certification from the Cyprus Securities and Exchange Commission.
Demetris joined KPMG in Cyprus in 2018. Before joining KPMG, he worked as a Risk Analyst and later as a Risk Manager at an Asset Management firm, where he was part of the team managing the Fixed Income UCITS funds. Furthermore, Demetris has experience in alternative investments (e.g. Hedge funds, Private Equity) and Fund of Funds (FoF).
The programme has been approved by the HRDA. Enterprises participating with their employees who satisfy HRDA’s criteria, are entitled to subsidy.