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