Cyprus has defended its reputation on money laundering after a British MP called for its international rating to be downgraded.
The Cypriot justice ministry said on Friday (27 October) that Moneyval, a European rating body, had "established … that the Republic of Cyprus was in full compliance with international measures".
It said allegations that it sat on evidence in a high-level Russian case and stonewalled French prosecutors were "completely groundless".
"The investiga...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.