anctions adopted following Russia’s military aggression against Ukraine.  The European Union (EU) continues to adopt further packages of economic sanctions against Russia due to the continuance of its military aggression against Ukraine, the latest of which is summarised below. The relevant legal framework is EU Regulation 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukr

The National Sanctions Implementation Unit (NSIU/EMEK), established under L.150(I)/2025 effective 25 July 2025, marks a key step in Cyprus’ sanctions framework. Empowered to investigate, license, issue directives, coordinate enforcement, exchange information, and freeze assets, the NSIU enhances compliance with EU, UN, and national sanctions. Non-compliance may trigger fines or criminal liability. MPC Legal can guide businesses in navigating the new framework and applications