➢ The present announcement is a republication due to typing error as highlighted in yellow – previous reference to withdrawal instead of suspension 8 August 2025 CYSEC Board Decision Announcement date: Regarding: Legislation: Subject: Judicial Review: 08.08.2025 Board decision date: 17.03.2025 Triangleview Investments Ltd The Investment Services and Activities and Regulated Markets Law Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law Suspension of CIF licence Click here Judicial Review Click here Ruling: The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on its meeting of 17th March 2025, by virtue of the authority granted by section 71
(6)(c) of the Investment Services and Activities and Regulated Markets Law of 2017 (‘L.87(I)/2017), section 59
(6)(a)(iii) of the Prevention and Suppression of Money Laundering and Terrorist Financing Law (‘L.188(I)/2007’) and section 9 of the Directive DI87-05, decided to suspend in whole the Cyprus Investment Firm authorisation of Triangleview Investments Ltd (LEI 98450064KS41D2EF6156) (‘the Company’) with number 384/20, as the Company acted in violation of: 1. article 58(a) of L.188(Ι)/2007, as further specified in articles 61
(1)(a), 61
(1)(b) and 61
(1)(d) of L.188(Ι)/2007 and paragraphs 21
(5)and 21
(7)of CySEC’s Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing - R.A.D. 157/2019 (the ‘Directive R.A.D. 157/2019’), 2. article 58(e) of L.188(Ι)/2007, as further specified in paragraphs 26
(1)and 26
(2)(b-e) of Directive R.A.D. 157/2019, and 3. article 22
(1)of L.87(Ι)/2017, as the Company did not comply at all times with the authorisation conditions laid down in articles: - 9
(2)(a), 9
(8), 9
(16)of L.87(Ι)/2017, regarding its board of directors and the persons that must effectively direct the business of the Company, - 17
(2)of L.87(Ι)/2017, as further specified in articles 22
(1)and 22
(2)(a) of the Commission Delegated Regulation (ΕU) 2017/565 (the ‘Regulation’) and article 17
(5)(a) of L.87(Ι)/2017, as further specified in articles 30 and 31
(2)(
- b)and (
- e)of the Regulation, regarding its organizational requirements. Full details/justification of the CySEC’s decision are/is available in the Greek text of the announcement. Within two
(2)months, the Company must take the necessary actions to comply with the aforementioned provisions. For as long as the suspension of the authorisation is in force, as provided for in section 9 of DI87-05:
- The Company is not permitted to: 1.1 Provide/carry out investment services/activities. 1.2 Enter into any business transaction with any person and accept any new client. 1.3 Advertise itself as a provider of investment services.
- The Company, provided this is consistent with the wishes of its existing clients, may proceed with the below actions, without such actions being considered as breach of section 9
(7)(a) of DI87-05: 2.
- Complete all its own transactions and those of its clients which are before it, in accordance with client instructions. 2.
- Return all funds and financial instruments which are attributable to its client. mko/ 1