Asset freeze on 100 companies lifted

Some 100 Cypriot companies caught up in the UK and US sanctions fallout are back in business after restructuring their executive boards, removing sanctioned people for helping Russian oligarchs. The Registrar of

Scores of companies to have assets unfrozen

Cypriot authorities are working on unfreezing the assets of companies caught up in the UK and US sanctions fallout, while another list includes more Cypriot individuals that enabled sanctioned Russian oligarchs. The

Major law, audit firms fear sanctions smear

Top lawyers and accounting firms fear being placed on the US and UK sanctions lists as they have clients whom are Russian oligarchs sanctioned following Russia’s invasion of Ukraine. Quoted by Politis

Cyprus to establish sanctions authority

Nicosia will establish a supervisory authority to control damage inflicted on the island’s reputation as a business destination, following UK and US sanctions on Cypriot service providers. President Nikos Christodoulides has met

Sanction busters won’t stain business reputation

Nicosia will not allow sanction busters to blacken the country’s reputation, and the government will not cover anyone enabling Russian oligarchs to bypass Ukraine war sanctions. President Nikos Christodoulides told reporters the

More entries expected on sanctions list

President Nikos Christodoulides believes more Cypriots and companies may be placed on the Russian sanctions list, vowing the government will do whatever possible to protect the country’s credibility. “We will not allow