IFLR has published an article written by Senior Associate, Xenia Kalogirou. The article concerns the inducement regime for fund managers in Cyprus. Xenia clarifies and discusses the EU and Cyprus legal frameworks governing inducement restrictions and summarises the industry’s response. She also highlights the intricacies involved in correctly applying the law, since the legal requirements apply differently to the various parties involved in a single scenario.
The full article may be viewed here.
For more information, please contact Xenia Kalogirou or speak with your usual contact at Elias Neocleous & Co LLC.