Bank Mellat v Council: ECFI 2 Jun 2016

ECJ (Judgment) Common foreign and security policy – Restrictive measures against Iran – Restrictions on transfers of funds involving Iranian financial institutions – Jurisdiction of the General Court – Action for annulment – Regulatory act not entailing implementing measures – Whether directly concerned – Interest in bringing proceedings – Admissibility – Proportionality – Obligation to state reasons – Legal safeguards as referred to in Article 215(3) TFEU – Legal certainty – Non-arbitrariness – Breach of fundamental rights

T-160/13, [2016] EUECJ T-160/13
Bailii
European

Banking

Updated: 17 January 2022; Ref: scu.564966