The European Council has amended the targeted provisions of its sanctions regime against Iran so as to include a wider category of people / companies that can be included.
The EU-wide asset freeze was first imposed in July 2010, and is contained in Article 20 of Decision 413/2010, (broadened in October 2010, and in January, March, October and December 2012) and Article 23 of Regulation 267/2012 (broadened in August and December 2012).
The most recent amendments, contained in Council Decision 2013/497/CFSP and Council Regulation (EU) No 971/2013 of 10 October 2013, extend the criteria for listing again, this time to permit the Council to include the following categories:
These amendments have been made after IRISL and some companies said to be connected with IRISL have recently won their applications to annul their designations in the General Court – see previous blog.
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...See profile for Maya Lester QC >