Cyprus is in the process of establishing an independent authority for monitoring EU sanctions
22 Jun 2023
|
On 9 June 2023, the Minister of Justice and Public Order of Cyprus, Anna Koukkidi-Prokopiou announced, during the Justice and Home Affairs Council session of the EU held in Luxemburg, that a new independent authority tasked with monitoring the implementation of EU sanctions in Cyprus is in the process of being established. – Source: Cyprus times
This development highlights Cyprus' commitment to upholding and enforcing the EU's sanctions regime effectively, aiming to strengthen its efforts in combating violations and ensuring compliance with EU sanctions.
Authors
Related content
Regulatory Blog
Cayman Islands Monetary Authority: New standards for recruitment and development in trust and corporate service sectors
Regulatory Blog
EU condemns Russia’s intensifying hybrid threats
Regulatory Blog
New EU sanctions framework targets those responsible for Russia’s destabilising activities against the EU and Member States