Finance Minister Makis Keravnos met today with the President of the Cyprus Investment Fund Management Association (CIFA) Mr. Andreas Yasemidis, who was accompanied by the Vice President of the Association Mr. Spyros Vassiliou.
During the meeting, CIFA's views on the development of the fund management services sector in Cyprus were presented to the Minister, as well as proposed actions that can improve the legislative/supervisory framework.
For his part, the Minister praised the role of the Association, stressing the need to introduce effective control and supervision mechanisms. He also pointed out the added value of providing such services in the effort to attract quality investments that create quality jobs.
(AF)
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