CySEC Announces Liquidation of UCITS OASIS Umbrella Funds

The Cyprus Securities and Exchange Commission (CySEC) has officially announced the dissolution and liquidation of UCITS OASIS Umbrella Funds V.C.I.C. PLC. The decision to dissolve the Variable Capital Investment Company (UCITS) was made by the shareholders in accordance with Article 39(1)(e) of the Open-Ended Undertakings for Collective Investment Law of 2012. This step was communicated to CySEC by the UCITS' Management Company, OASIS Wealth Management Limited.

The dissolution process is being conducted voluntarily, indicating that the decision to liquidate was made willingly by the shareholders rather than as a result of regulatory or financial pressures. As a UCITS, the fund was governed by specific regulatory requirements aimed at protecting investors and ensuring transparency.

The voluntary liquidation will involve settling any outstanding obligations and distributing remaining assets to stakeholders as per legal and regulatory requirements.