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Working Together in Prosperity ...................

FAA

“Professionals providing a professional service to individuals and corporations”

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The formation of FAA marks a new page in the history of the provision of Offshore Financial services.

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The key to the principles of FAA is in the first word of our mission statement above - "Professionals". In many countries there are governmental restrictions and requirements for those wishing to provide financial planning advice – but in many places no regulatory body exists to protect the interests of the client. FAA has been formed by a group of professional and qualified advisers who are committed to restricting the membership to those professionals who are qualified and experienced in the provision of financial advice and services.

FAA is registered in The Republic of
Cyprus , IBFSS/29320/IFC/25, and is a member of C.I.F.S.A. (the Cyprus International Financial Services Association, Nicosia , Cyprus ) which has been the industry supervisory and disciplinary body. FAA Insurance Advisers Ltd is an insurance mediation company regulated by the Cyprus Insurance Companies Control Service  (reg no: FOS17) a department of the Cyprus Ministry Of Finance. “FAA also complies with the European Union requirements for Professional Indemnity Insurance.

These high standards and exemplary previous history are in turn required by FAA of all its members, this ensures that any potential or existing client of a member of the association can be confident that they are dealing with a competent professional in the field. No member is admitted to the association unless they are able to satisfy these requirements; in addition they are required to satisfactorily complete FAA internal training and audit and to pass the internal examination of the association.

FAA also performs a disciplinary and investigatory function and responds to any questions or complaints from any client of any member, this does not in any way detract from the client’s right to approach C.I.F.S.A. or any other body.

 

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