 | To assist the Central Bank of Cyprus in the ongoing regulation of
International Financial Services Companies (‘IFCs’) in Cyprus, and in
particular, in the control and discipline of CIFSA member firms with respect
to any contravention of rules and professional codes of conduct by reporting
any such contravention to the regulatory authority, the Central Bank of
Cyprus.
|
| To inform the Central Bank of Cyprus of the temporary or the permanent
presence in Cyprus of any person (natural or legal) who appears to be
providing international financial services to the public, in or from within
Cyprus, without proper authorisation.
|
| To promote high standards of professional conduct within the international
financial services sector.
|
| To establish a medium of communication between international financial
services companies and
 | the Central Bank of Cyprus |
| other professional bodies |
| the public
|
|
| To establish and apply a complaints procedure for the initial
investigation of complaints received, directly or indirectly, from clients
of the member firms, to reply to the clients concerned and to inform the
Central Bank of Cyprus. |
