In light of challenges posed by the new international economic environment

Strategies to boost and maintain Cyprus’s competitiveness as a leading European hub for investment funds, especially given the challenges of the evolving global economic landscape, were the focus of a working lunch held on Friday. The event was hosted by DISY President Annita Demetriou and the party’s Government Project Monitoring Council, with representatives from the Cyprus Investment Funds Association (CIFA), according to a DISY statement.

During the discussion, the key role of Cyprus in the investment funds sector was highlighted, along with the need for continuous enhancement of the institutional and regulatory framework.

Issues and recommendations from CIFA were also examined, including pending legislation, the upcoming tax reform, tax incentives, and the necessity for a comparative reassessment of the sector after ten years to improve the regulatory framework.

These measures are considered valuable tools to help Cyprus sustain and grow its reputation as an attractive hub for international investors.

The working lunch was part of DISY’s ongoing initiative to develop new policies that support and strengthen entrepreneurship.