Central bank of Iran wins court challenge to its listing

The General Court of the European Union (1st Chamber) today decided that the inclusion of the Central Bank of Iran on the EU’s sanctions (restrictive measures) relating to Iran in March 2012 was unlawful and therefore its entry in the annex to Regulation 267/2012 should be annulled. Judgment here – Case T-262/12 Central Bank of Iran v Council of the...