General Court rejects Iranian bank’s annulment application

The General Court of the EU has dismissed an application by Tose’e Ta’avon Bank (TTB) to annul its listing on the EU’s anti-nuclear proliferation sanctions on Iran. Case T-435/14 Tose’e Ta’avon Bank v Council [2016]. The case relates to a listing before the JCPOA lifted the EU’s sanctions on Iran. As the Court of Justice has ruled in the past...