By Valérie Hanoun
The European Court of Justice (ECJ) is to decide a case that, on paper, concerns just two sanctioned Russian individuals and their discretionary trusts. In reality, the decision – expected by the end of the year – could send shockwaves across Europe, and Cyprus, with its thriving trust sector, may feel the tremors more than most.
At the heart of the case lies a deceptively simple question:
