Depositary/Custodian

A depositary in Cyprus is a regulated entity responsible for overseeing assets on behalf of investment funds. They ensure compliance with legal and regulatory requirements, manage transactions, and provide oversight to protect investor interests. Depositaries play a crucial role in maintaining transparency and security within the financial services sector.

Custody services in Cyprus involve the safekeeping and administration of financial assets such as securities and cash on behalf of clients. Custodians ensure assets are securely held, manage transactions like settlements and income collection, and may offer additional services such as reporting and corporate actions processing. They play a pivotal role in safeguarding client assets and supporting efficient operations within the financial markets.

Both depositaries and custodians in Cyprus are regulated entities, typically under the oversight of the Cyprus Securities and Exchange Commission (CySEC)