{"id":541,"date":"2024-04-15T04:40:07","date_gmt":"2024-04-15T08:40:07","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/?p=541"},"modified":"2024-04-15T04:40:07","modified_gmt":"2024-04-15T08:40:07","slug":"cyprus-company-raided-as-part-of-sanctions-investigation","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2024\/04\/15\/cyprus-company-raided-as-part-of-sanctions-investigation\/","title":{"rendered":"Cyprus &#8211; company raided as part of sanctions investigation"},"content":{"rendered":"<p>Last week the compliance and oversight department of the Cyprus Bar Association <a href=\"https:\/\/in-cyprus.philenews.com\/in-cyprus\/us-sanctions-prompt-investigation-into-fictitious-transactions\/\">raided the premises<\/a> of the company Finsol controlled by a Greek national regulated by the CBA.<\/p>\n<p>The raid is part of a <a href=\"https:\/\/www.tovima.com\/society\/cyprus-authorities-tighten-grip-on-intellexa-linked-companies\">wider investigation<\/a> which includes the Cypriot Anti-Money Laundering Authority and Cyprus police.<\/p>\n<p>While the investigation includes allegations unrelated to sanctions, part of the investigation, further to our <a href=\"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2024\/03\/23\/cyprus-investigation-into-potential-attempted-sanctions-circumvention\/\">earlier post<\/a>, includes allegation of back-dated asset transfers in relation to the company Santinomo Limited, allegedly in an attempt to avoid the impact of a new designation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week the compliance and oversight department of the Cyprus Bar Association raided the premises of the company Finsol controlled by a Greek national regulated by the CBA. The raid is part of a wider investigation which includes the Cypriot Anti-Money Laundering Authority and Cyprus police. While the investigation includes allegations unrelated to sanctions, part &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2024\/04\/15\/cyprus-company-raided-as-part-of-sanctions-investigation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cyprus &#8211; company raided as part of sanctions investigation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":656,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79,71],"tags":[52,20,18],"ppma_author":[7],"class_list":["post-541","post","type-post","status-publish","format-standard","hentry","category-79","category-financial-services","tag-cyprus","tag-financial-sanctions","tag-russia"],"authors":[{"term_id":7,"user_id":656,"is_guest":0,"slug":"mhandley","display_name":"Mark Handley","avatar_url":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-content\/uploads\/sites\/65\/2023\/09\/handleymark-100x100.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/users\/656"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/comments?post=541"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/541\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/media?parent=541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/categories?post=541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/tags?post=541"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/ppma_author?post=541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}