Judgment in Case C-72/15 The Queen, on the application of PJSC Rosneft Oil Company, formerly OJSC Rosneft Oil Company v Her Majesty’s Treasury, Secretary of State for Business, Innovation and Skills and The Financial Conduct Authority

The European Court of Justice gave its judgment in Case C-72/15 Rosneft on the 28 March 2017, following a call for a preliminary ruling from the UK High Court.

The restrictive measures adopted by the Council of the European Union in response to the crisis in Ukraine against certain Russian undertakings, including Rosneft, are valid. The Court of Justice has jurisdiction to give preliminary rulings on the legality of restrictive measures against individuals or entities in the context of the Common Foreign and Security policy.

• Primary Source

Blog: EU Law Analysis, 29.03.17: Judicial control of EU foreign policy: the ECJ judgment in Rosneft http://eulawanalysis.blogspot.co.uk/2017/03/judicial-control-of-eu-foreign-policy.html

Blog: European Sanctions, 28.03.17: ECJ upholds and clarifies EU’s Russia sanctions in Rosneft judgment https://europeansanctions.com/2017/03/28/ecj-upholds-and-clarifies-eus-russia-sanctions-in-rosneft-judgment/

ESO: Background information: The Court of Justice and EU Foreign Policy: what jurisdiction should it have? http://www.europeansources.info/record/the-court-of-justice-and-eu-foreign-policy-what-jurisdiction-should-it-have/

TASS, 28.03.17: Russia's Rosneft disappointed by EU Court’s decision on sanctions agains company http://tass.com/economy/937908

Blog: Verfassungsblog, 06.04.17: Judicial Review of the EU’s Common Foreign and Security Policy: Lessons from the Rosneft case http://verfassungsblog.de/judicial-review-of-the-eus-common-foreign-and-security-policy-lessons-from-the-rosneft-case/

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