US: Cypriot individuals removed from sanctions list

Individuals and legal entities associated with Cyprus have been removed from the updated list of the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury.

These individuals had been placed on the OFAC list due to their connection with sanctions imposed on Russia. Specifically, five individuals and three legal entities linked to one of the individuals were removed. Two of the three legal entities have addresses in Cyprus.

D.S., with an address in Limassol, was removed from the list, as well as the companies Omnia Services Cyprus and Hightrail Ltd, also with addresses in Limassol. In addition, K.A. and A.K.B., and K.G. and M.G. were removed.

All individuals were designated as being at "risk of secondary sanctions" and were linked to Executive Order 14024 concerning Russia.

Source: CNA