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Key facts of the case:

(Common foreign and security policy — Restrictive measures against Iran with the aim of preventing nuclear proliferation — Freezing of funds — Error of assessment)

Results (sanctions) and key consequences of the case:

The General Court (First Chamber) hereby:

  1. Annuls, in so far as they concern Bank Tejarat :
  • Point 2 of Table I.B in Annex I to Council Decision 2012/35/CFSP of 23 January 2012, amending Decision 2010/413/CFSP on restrictive measures against Iran;
  • Point 2 of Table I.B in Annex I to Council Implementing Regulation (EU) No 54/2012 of 23 January 2012, implementing Regulation (EU) No 961/2010 on the adoption of restrictive measures against Iran;
  • Point 105 of Table I.B in Annex IX to Council Regulation (EU) No 267/2012 of 23 March 2012 on the adoption of restrictive measures against Iran and repealing Regulation (EU) No 961/2010;
  • Point 5 of Annex II to Council Implementing Regulation (EU) No 709/2012 of 2 August 2012, implementing Regulation No 267/2012.
  1. Dismisses the remainder of the action.
  2. The effects of Council Decision 2010/413/CFSP of 26 July 2010 on restrictive measures against Iran and repealing the common position 2007/140/CFSP, as amended by Decision 2012/35, are maintained as regards Bank Tejarat until the annulment of Regulation No 267/2012 and Implementing Regulation No 709/2012 takes effect.
  3. Orders the Council of the European Union to pay the costs.