CIFSA and FEIFA continue their cooperation in Cyprus to ensure that Cyprus Member’s benefit from the popular free seminars and workshops. The latest event held at the Amathus Beach Hotel in Limassol brought together advisers from across the Island to provide up to date information on products, services and CIFSA’s contribution to the wider community.
It covered a diverse range of subjects with presentations from:
- Alquity: “ESG, Impact and 3D investment – how capital allocation shapes our societies.”
- LGT Wealth Management: “An extra dimension to an adviser’s due diligence.”
- Novia Global: “Benefit options from SIPPs and their taxation.”
- Tilney Smith & Williamson: Demystifying ESG and the part it plays in the investment process.”
- British High Commission – CRPG a joint CIFSA initiative
- Prudential – George Forsyth updates on Prufunds
- Billionair – Kevin Mudd – ESG and the objectives of Billionaire, a joint FECIF initiative.
- CIFSA Chairman, St..John Coombes, commented that “The event provided an opportunity for members to meet, network over the free lunch and learn more about the products and services available in Cyprus. With over 5 hours of free CPD the event was well received by all who attended.”
2021 was another important year for CIFSA as we continued our work with the UK Foreign Colonial and Development Office (FCDO) to assist UK Nationals living in Cyprus who would find it difficult to obtain residency, apply for their residency. This project, which was run under the name, Cyprus Residency Planning Group assisted thousands of UK Nationals to obtain legal residence in Cyprus and brought CIFSA to the attention of the UK Government, and the Cyprus Government. The project has been praised by the FCDO as one of the most successful and proactive in Europe. The result of this was that two members of the team were honoured in the UK New Year’s honours list. CRPG (now known as, Cyprus Residents Planning Group) has received a new mandate from the British High Commission Consular Section for 2022 to continue an expanded role assisting the British Community in Cyprus.
CIFSA has retained close cooperation both with CYSEC and the Superintendent of Insurance offices throughout 2021 providing briefing notes on the impact of BREXIT and a range of other matters related to Financial Advice in Cyprus. In fulfilment of its membership responsibilities within FECIF, CIFSA has played a part in helping to shape future European financial regulation and contributed toward a number of EU consultations on a range of financial issues across our industry.
As we reach the halfway point of 2022 CIFSA will continue to represent its members and the greater Community by promoting the very best services possible.
CIFSA is the official representative organisation for FECIF, Federation Europeenne des Conceils et Intermediaries Financiers in Cyprus.