An overview of the ECJ judgment on the Sanctions and Blocking Regulation (Case C-124/20)
The long anticipated interpretative judgment of the European Court of Justice (‘ECJ’) in Case C-124/20 has at long last been handed down as of 21st December 2021. The interpretative judgment regards the extra-territorial effects of sanctions imposed by Third Countries, on countries operating within the EU jurisdiction. The largest sanction emitter in the world is…