- 73 Agias Fylaxeos Street, Josephides Court Office 301, 3087 Limassol
- info@cfacyprus.com
CFA Cyprus Advocacy Committee is part of the CFA Institute’s mission to advance Members value. It aims to advocate expertise in the local investment industry by promoting high ethical standards across the investment profession. Ultimately, CFA Society Cyprys is seeking to amplify market integrity and protect the local investment community.
Strategy
CFA Cyprus Advocacy strategy focuses on four areas – 4F Strategy:
Outreach
Assist and advise Regulators and Legislators on Financial Policies and Regulations both locally and in European level
Demonstrate Ethics
Promote Ethical Standards in the local financial community
Local industry
Introduce and Promote CFA designation
Education
Investor and general public education
Initiatives
3rd pillar of the Retirement Benefits planning: PEPP
CFA Cyprus Advocacy is currently promoting the Pan-European Personal Pension Product in the local financial industry, an EU Regulated instrument which is part of the 3rd pillar voluntarily pension scheme. Meetings were held with the Ministry of Finance, Central Bank of Cyprus, Association of Cyprus Banks, Cyprus Securities and Exchange Commission to introduce PEPP to local authorizing parties.
Assist the Cyprus Securities and Exchange Commission in Governance Code
CFA Cyprus Advocacy is currently in the process to assist the local regulator to conduct a Governance Code by including Ethics.
European Public Consultations
CFA Cyprus Advocacy has been providing its input on European Public Consultations in collaboration with the CFA Institute (Brussels office) and other CFA European Advocacy Committees. Some of them include:
- Sustainable Corporate Governance
- EU Strategy for Retail Investors
- AIFMD Review
- Non-Financial Reporting Directive Review
- MiFIR Review Transaction Reporting
- Impact of Algorithmic Trading
Memorandum of Understanding with the Cyprus Investment Funds Association
In December 2020, CFA Society Cyprus has signed an MoU agreement with CIFA to enhance relationships with the local funds’ professional association. It has been agreed that CFA Society Cyprus will assist CIFA in several of its technical committees while our Society offers training seminars on Ethics. Additionally, a joint working group has been created to assist in promoting PEPP to the local industry.
Events, Trainings and Seminars
CFA Cyprus Advocacy has presented an “Ethics in Investments” e-workhsop to the CySEC employees, CIFA Members and the Economic Diplomacy department of the Ministry of External Affairs. It has also collaborated with CFA Society Greece and presented the “Investor Trust” web event where CySEC’s Vice-Chairman was one of the distinguished guests and panelists.
Register your Interest
As part of our Society’s commitment to the CFA’s strategic objectives and principles to advance our members value and promote integrity and ethics in our local industry through its three sub-committees.
We encourage all of you who wish to contribute to the aforementioned projects and volunteer, to express your interest by sending your CV as per below.
A responsible member from the aforementioned Committees will then inform the interested candidates accordingly.