On Wednesday 11 September, the General Court ruled (cases T-635/22 and T-644/22), that the Council of the EU has the right to establish reporting and cooperation obligations to ensure the effectiveness of measures to freeze funds.
The decision comes in the context of economic sanctions against Russia and the obligation to prevent the use of legal and financial arrangements that facilitate the circumvention of restrictive measures.
The case concerns Elena Petrovna Timchenko, Gennady...