financial crime investigations

sanctions violations international investigations

US Sanctions Experts Dispatched to Cyprus for Investigations

A team of experts from the FBI and FinCEN has been sent to Cyprus to assist with investigations into 29 cases of potential sanction violations, aiming to uncover financial crimes and ensure accountability for those aiding Russian oligarchs in evading sanctions. This collaboration highlights a concerted effort to maintain financial integrity and uphold international law, as the US and EU closely monitor Cyprus’s actions in the aftermath of sanctions.

financial crime investigations cyprus

US Agencies Intensify Financial Crime Investigations in Cyprus

US agencies, including the FBI and FinCEN, are intensifying financial crime investigations in Cyprus, targeting money laundering, corruption, sanction evasion, and the safeguarding of Russian wealth. The investigation focuses on financial structures used by Russian oligarchs, and law firms, accounting firms, and the banking sector are under scrutiny.

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