Cyprus and U.S. to form partnership to combat financial crime

ICIJ

Center

High Factuality

Cyprus and U.S. to form partnership to combat financial crime

The United States and Cyprus are codifying a partnership aimed at countering money laundering, sanctions evasion and other financial crimes emanating from the island nation’s financial and professional services sectors. Cypriot law enforcement agencies plan to sign a memorandum of agreement to work with the U.S. Justice Department and Federal Bureau of Investigation and to identify and prosecute illicit financial activities, according to a joint…