The Cyprus regulator reached a 150 thousand euro settlement with the forex and CFD broker CFI over possible breaches of the laws designed to stop money laundering. The CFI CySEC settlement, announced in June 2022, followed an inspection that had turned up concerns about the firm's anti-money laundering controls two years earlier.
The Cyprus Securities and Exchange Commission settled with Credit Financier Invest, known across its markets as CFI, over possible violations of the Cyprus law on the prevention and suppression of money laundering and terrorist financing. The concerns had surfaced during an inspection carried out in December 2020. The firm agreed the 150 thousand euro settlement to close the matter.
Why Anti-Money Laundering Controls Matter to Traders
Anti-money laundering rules can feel like someone else's problem, aimed at criminals rather than ordinary traders. They are not. The same controls that stop a broker being used to wash dirty money are the controls that verify who owns an account, where deposits come from, and whether withdrawals are going back to the right person. When a regulator finds a firm's anti-money laundering systems wanting, it is finding a weakness in the machinery that is supposed to keep every client's money properly identified and protected.
That is why a settlement in this area carries more weight than a reporting fine. It is not about a late form. It is about whether the firm has a reliable grip on the flow of money through its own books. A 150 thousand euro settlement over possible breaches of the money laundering law, arising from a regulator's own inspection, is a meaningful mark on a broker's record, whatever its size elsewhere.
A Large Group, a Real Finding
CFI has grown into a sizeable international brand across forex and CFD trading, which is part of what makes the case notable. Enforcement is not reserved for small or obscure firms. A well known group can still be found short on the controls that matter, and the size of the brand is no guarantee that the compliance behind it was flawless in every period. The inspection was in 2020, the settlement in 2022, and the record now shows both.
CFI settled the matter and continues to operate as a regulated broker. Revisiting the case is not a claim that it is unsafe today. It is a reminder that a broker's history includes its anti-money laundering record, and that even large, familiar names have had to settle over it. For a client deciding where to keep money, the strength of a firm's financial crime controls is exactly the sort of thing that a public settlement can reveal, and it is worth reading before you commit.
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AML Settlements Rarely Make Headlines. That Is Precisely Why They Should.
Anti-money laundering settlements rarely make dramatic headlines, which undersells them. The controls at issue are the same ones that establish who really owns an account and whether the money moving through it is clean, so a weakness there is a weakness in the protection of every client, not just a compliance abstraction.
CFI settled a 150 thousand euro case arising from a 2020 inspection, and the fact that CFI is a large, well known group is the point, not a mitigation. Size does not equal safety, and even big brands have had to settle over the machinery that guards client money.
The case is a few years old, but a broker's financial crime record does not expire, and it is one of the more revealing things a careful trader can check.
About the Company
About CFI (Credit Financier Invest)
Regulator
CySEC (Cyprus)
Jurisdiction
Cyprus (EU)
Action Type
Settlement, AML Law Breaches
Penalty
EUR 150,000
Credit Financier Invest (CFI) Ltd is a Cyprus-based forex and CFD broker, part of the wider CFI financial group, authorised and supervised by the Cyprus Securities and Exchange Commission. In June 2022 CySEC announced a 150 thousand euro settlement with the firm over possible violations of the law on the prevention and suppression of money laundering and terrorist financing.
The concerns had emerged during an inspection in December 2020. CFI remains a licensed broker operating across multiple markets.
Frequently Asked Questions
Is CFI regulated?
Yes. Credit Financier Invest (CFI) Ltd is a Cyprus-based broker supervised by CySEC, which reached the 2022 settlement with it, and it holds regulatory licences in several markets.
Why did CySEC settle with CFI?
Over possible breaches of the anti-money laundering law, found during a December 2020 inspection. CFI agreed a 150 thousand euro settlement in June 2022 to close the matter.
How much was the CFI settlement?
It was 150 thousand euro, announced in June 2022.
Is CFI safe for traders?
CFI remains a regulated broker, but it settled with CySEC over anti-money laundering concerns. Weigh that record and compare brokers in our Best Forex Brokers in 2026 ranking.
Editor's note & source: Factual points are drawn from the CySEC public decisions register. Primary source: CySEC Public Decisions. This article is not legal advice. Last updated: 14 August 2026.