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Cyprus oil & gas association clng
1. CYPRUS OIL & GAS
ASSOCIATION
UNDER THE AUSPICES OF THE CYPRUS CHAMBER OF COMMERCE AND
INDUSTRY
CYPRUS ENERGY HUB
Cluster LNG
Special Purpose Vehicles
Investment Projects
Private & Confidential
Prepared by Andy Varoshiotis
September 2013
10. Special Purpose Investment Funds
·
The global financial crisis and the expectation of the
implementation of the European Commission’s regulatory and
supervisory frameworks for the Alternative Investment Funds, can
stimulate migration for Funds operating outside the EU. Cyprus is
excellently positioned to serve such Funds as a very attractive
relocation destination, but also as a Centre for the provision of EUwide professional and financial services, related to the new
regulations.
· Cypriot organizations provide services for International Collective
Investment Schemes (ICIS) as well as offering first class international
Asset Management and Private Banking services to international
clients
11. Supervision of ICIS Funds
“The Central Bank of Cyprus shall not be liable by
virtue of its recognition of the ICIS or by reason of
its exercise of the functions conferred on it by the
International Collective Investment Schemes Law.
Recognition of the ICIS does not constitute a
warranty by the Bank as to the creditworthiness or
financial standing of the various parties to the
ICIS”.
In accordance with section 3 of the Law, the
Central Bank of Cyprus is the regulatory and
supervisory authority in the Republic of Cyprus for
ICIS, their managers and trustees.
12. THANK YOU FOR YOUR ATTENTION
Cyprus Oil & Gas Association
Member Services & Inquiries
CCCI Head office
Deligiorgi 8, & Griva Digeni
Nicosia
Cyprus
E-Mail Address: info@cyoilgas.org
E-Mail Address: avaroshiotis@cyoilgas.org
Dept. of Services and Trade
Cyprus Chamber of Commerce and Industry
Direct Line: +357 22 889706 -99689961
E-Mail Address: andersson@ccci.org.cy
Editor's Notes
Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
This is another option for an Overview slide.
Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
