CySEC Announces €50,000 Settlement with CIF Triangleview Investments Ltd

The Cyprus Securities and Exchange Commission (CySEC) today announced that it has reached a settlement agreement with the Cyprus Investment Firm (CIF) Triangleview Investments Ltd.

According to the Cypriot watchdog, from December 2021 until February 2022, the broker has possibly violated the Investment Services and Activities and Regulated Markets Law of 2017, regarding the protection of clients' funds.

The settlement reached with the company, for the possible violations, is for the amount of €50,000, which the company has already paid.

CySEC has become extremely vigilant and is actively flagging and taking action against any violations. Earlier, CySEC has reached a settlement agreement with BCM Begin Capital Markets CY Ltd., holding a CIF license. As part of the settlement, the company has paid €170,000 to CySEC for possible regulatory violations.