No Cypriot entities mentioned in list of new UK sanctions

09:49 - 19 May 2023

Current Affairs

A new list of 86 individuals and entities against which the UK has introduced sanctions released on 19 May does not include any Cypriot nationals or companies.

According to a Foreign, Commonwealth & Development Office press release, the UK sanctions “target Russia’s theft of Ukrainian grain, advanced military technology, and remaining revenue sources.” The sanctions package includes “companies connected to theft of Ukrainian grain, and those involved in shipment of Russian energy,” the announcement said.

Click here to view the announcement in full.

Cypriot lawyers and accountants are still awaiting the release of a new list of US sanctions, also anticipated to be released on 19 May.

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