Cyprus says will not tolerate sanctions-busting amid scrutiny

Cyprus on Wednesday said it would not tolerate any deviation from EU sanctions on Russia, and said it was in touch with the US and Britain after a number of its nationals were blacklisted last week as sanctions-busting enablers. 

Britain sanctioned two Cypriots, and the US 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. 

The Cypriot government has asked both the United Kingdom and the United States for additional information to pass on to its own law enforcement agencies for assessment, officials said. 

"The credibility of our country must be safeguarded and no...