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Cyprus , Thursday 16 April 2026

Cyprus labors to shield reputation amid new U.S., U.K. action on Russian ‘sanctions evasion network’

Published on: Thursday 08 June 2023

Cyprus labors to shield reputation amid new U.S., U.K. action on Russian ‘sanctions evasion network’ For Cypriots, it was a collective "here we go again" moment. In April, the U.S. and the U.K. included a handful of Cypriot nationals and Cyprus-registered companies on a list of "enablers" helping Russian oligarchs skirt sanctions. It was an unwelcome reminder of the lingering perception that the island nation somehow remains Moscow's financial lackey.



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