MAP S.Platis once again breaks new regulatory ground in the implementation of EU regulation!
The awarded team of the leading and innovative EU financial services regulatory consulting firm, MAP S.Platis, are pleased to announce the authorisation of MAP OPPORTUNITY & GROWTH FUND, the FIRST Alternative Investment Fund with Limited Number of Persons (AIFLNP), licensed under Cyprus’ Alternative Investment Funds Law of 2014, for professional investors.
The adoption of the EU Alternative Investment Funds framework by Cyprus, with its favourable and funds-specific tax regime, expands the structuring possibilities as well as potentially the EU fund market itself. MAP S.Platis, recognising this potential has already put together a specialised team to be able to structure and support this industry, as evidenced by the licensing of the FIRST-EVER Limited Persons Alternative Investment Fund, issued by the Cyprus Securities and Exchange Commission, under the relevant EU Regulatory Framework.
This success comes as a continuation of the unmatched track record of MAP S.Platis. Having successfully consulted and registeredover 55% of all Cyprus Investment Firms (CIFs) mainly international groups, and close to 70% of all CIFs dealing in online retail Forex, it is widely recognised that MAP S.Platis has been responsible for turning Cyprus into an important EU hub for the sector.