European Union: Court of First Instance rules on asset freeze

On 12 July, the European Court of First Instance ruled in two cases that the European Community legal order guaranteed the right of individuals subjected to financial sanctions by the Security Council Sanctions Committee to request review of their case through the government of their country of origin or of residence. In the event of “wrongful refusal” by the government to submit the case to the Sanctions Committee for review, the individuals affected can seek judicial remedy through domestic law.

Judgment 1 Judgment 2