Thursday October 20 2016
News Source: Fund Regulation
Focus: AIFMD
Type: General
Country: Cyprus
The Cyprus Securities and Exchange Commission (SEC) has announced that a transitional provision for supervised entities which fall within the scope of the Alternative Investment Fund Managers Law of 2013 will end on the 22nd July 2017.
As a consequence, depositaries not established in the home Member State of the AIF that were appointed before 22 July 2017, will have to be replaced after that date.
Click on the above link for further details.