Welcome to the website for the Cyprus International Financial Services Association

Having been established since *1993, CIFSA plays an important role in the Financial Services industry in Cyprus and beyond. Seen as a prominent, respected organisation promoting standards & ethics, CIFSA is of great importance to the Financial Services Industry, the general public, and any individuals or companies using the services of our member firms. CIFSA operates solely to assist the industry, the regulator, and the general public. CIFSA does not operate for profit and therefore offers unbiased, independent opinions, guidance and directions to all involved.

CIFSA operates for the benefit of not only financial services firms, but for those professions working with or for the financial services sector, and of course for the general public.

*The Association of Cyprus Offshore Financial Services Companies (ASCOFC) Ltd was Incorporated 16th September 1993. Its name was changed to Cyprus International Financial Services Association (CIFSA) Ltd on 17th May 1999.

A message from the chairman of CIFSA

As chairman of CIFSA, I am personally proud of the achievements of this respected organization in recent years, in our endeavor to help support IFA businesses in Cyprus, by providing a program of events and support mechanisms to enhance every IFA business in Cyprus. The enthusiasm and commitment shown towards our quarterly seminars, training schedules, code of ethic – ‘The CIFSA Charter’, by industry professionals eager to further their knowledge and competence is truly commendable.

To the general public and potential clients, I offer a warm welcome to the CIFSA website and my assurance that our member firms are committed to offering valuable and professional services, and keeping their knowledge, skills, and practices up-to-date in order to provide you with the best chance for financial success and protection.

The board of CIFSA is committed to the professional development of International Financial Services business in Cyprus. CIFSA believes that it is essential for all members to recognise the need to conduct business with highest standards both professionally and ethically.

CIFSA believes that locally based and locally regulated International Financial Advisers (IFA) can best serve the needs of their clients and is looking forward to continuing to develop and improve the environment in which all member firms operate.

The board of CIFSA and its members value the role played by all regulators here in Cyprus and overseas and believe it is important that members are appraised of and knowledgeable about relevant regulations pertaining to their business.

As the Cyprus affiliated member of FECIF (Federation of European International Financial Advisers), CIFSA keeps members informed of relevant legislative changes from a European perspective.

CIFSA is looking to foster partnerships with all stakeholders in our industry in order to help to ensure that clients receive a professional service from professionally managed and operated IFA firms here in Cyprus.

CIFSA members can be confident that clients will respect an IFA’s membership and be sure to benefit from the confidence that membership brings.

St.John Coombes – BA Hons Cert PFS FAIQ (CII)

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