After someone praised the government’s prompt and decisive response to the sanctions imposed on Cypriot nationals by the UK and US governments last April, in a conversation with a top ranking official …
Cyprus to clamp down as investigation reveals oligarchs moved assets after Ukraine invasion
Biggest ever leak of financial data from Cyprus raises concerns over EU state’s role in managing Russian fortunes …
Cyprus ignores Russian atrocities, Western sanctions to shield vast wealth of Putin allies
ICIJ-led investigation Cyprus Confidential reveals how the EU member state powered the Kremlin’s financial machine, moving vast sums for oligarchs, including after Russia’s 2022 Ukraine invasion.
Cyprus to clamp down as investigation reveals oligarchs moved assets after Ukraine invasion
Biggest ever leak of financial data from Cyprus raises concerns over EU state’s role in managing Russian fortunes …
PwC Cyprus helped Russian oligarch move $1.2 billion after Ukraine invasion despite sanctions: Report
The Cyprus finance ministry said it had launched a criminal investigation into the transfer of Mordashov’s stake in Tui. “We are aware of Tui share transfers and a criminal investigation is being …
‘There are no questions asked’: how Russian money is fuelling a building boom in northern Cyprus
Casinos and schools fill with Russians in the island’s Turkish-occupied north, which offers a sanctions-free life for those seeking to move their money after a clampdown in the south …
Cyprus firm helped a Putin ally move $5 million the day he was sanctioned
Taken together, the NCA and other records show the key role played by Cyprus in helping Putin allies like Aven shield their assets from Western sanctions. The confidential documents also show the role …
Secrecy and no tax: the reason why Indians look at Cyprus
The Cyprus Confidential investigation reveals that entities with offshore residency were controlled from India, and instructions for financial transactions in these entities are given by individuals i …
Cyprus ignored sanctions to power Kremlin’s financial machine
Cyprus Confidential exposes how the island’s economic system, known as the Cyprus model, relies on an oversized financial sector with some of the European Union’s weakest financial disclosure laws, an …
How can Cyprus exploit its gas in a geopolitical minefield?
The Republic of Cyprus boasts vast natural resources. But the island is divided, politically and ideologically, posing problems for its gas exploitation plans.