US and Cyprus will sign a deal to fight cash laundering and evasion of Russian sanctions
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NICOSIA, Cyprus — The United States and Cyprus stated Tuesday they’re formalizing their collaboration in preventing cash laundering, sanctions evasion and other monetary crimes with an arrangement featuring Cypriot law enforcement authorities U.S. abilities.
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The FBI and Cypriot police will indicator an arrangement in the coming days that features the U.S. Division of Justice featuring assistance to “proactively detect, examine and prosecute cases involving economical crimes” in Cyprus, according to a joint assertion.
Cypriot President Nikos Christodoulides final calendar year invited FBI and Justice Division officials to help with investigations into allegations that Cypriot monetary support suppliers had assisted Russian oligarchs skirt global sanctions.
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Though Cyprus has insisted it has abided by international sanctions imposed on Russia following its 2022 invasion of Ukraine, the U.S. has focused various Cypriot-based providers, attorneys and accountants for allegedly helping in dodging the sanctions.
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NICOSIA, Cyprus — The United States and Cyprus stated Tuesday they’re formalizing their collaboration in preventing cash laundering, sanctions evasion and other monetary crimes with an arrangement featuring Cypriot law enforcement authorities U.S. abilities.
The FBI and Cypriot police will indicator an arrangement in the coming days that features the U.S. Division of Justice featuring assistance to “proactively detect, examine and prosecute cases involving economical crimes” in Cyprus, according to a joint assertion.
Cypriot President Nikos Christodoulides final calendar year invited FBI and Justice Division officials to help with investigations into allegations that Cypriot monetary support suppliers had assisted Russian oligarchs skirt global sanctions.
Though Cyprus has insisted it has abided by international sanctions imposed on Russia following its 2022 invasion of Ukraine, the U.S. has focused various Cypriot-based providers, attorneys and accountants for allegedly helping in dodging the sanctions.
