Cyprus on Wednesday said it would not tolerate any deviation from EU sanctions on Russia, and said it was in touch with the U.S. and Britain after a number of its nationals were blacklisted last week as sanctions-busting enablers.
Britain sanctioned two Cypriots, and the U.S. about a dozen Cypriots or dual-nationals on April 12 for alleged ties to people facing sanctions or entities sanctioned over Russia's invasion of Ukraine.
It alarmed Cyprus, which has a thriving services industry in part built on hosting an extensive network of businesses with links to Russia and a past reputation of light-touch regulation.
