EM System: CJEU elaborates on presumption of control of non-designated entities for asset-freezing purposes

In its recent judgment in Case C 84/24, EM System, the Court of Justice of the European Union made a number of important clarifications regarding the application of EU asset freezing measures to non designated entities, largely confirming and elaborating principles already reflected in Council guidance on the implementation of EU restrictive measures.... By: Hogan Lovells