EU Scrutiny Committee clears OPIC relisting

The House of Commons European Scrutiny Committee has cleared measures published by the EU in November 2015 relisting the Oil Industry Pension Fund Investment Company in its targeted Iran sanctions (see previous blog).  OPIC is one of several people and entities to have been re-listed on the EU’s sanctions lists following a successful annulment application in the European court (on which see here).  The Committee’s summary is here.

Although it cleared the measures, the Committee noted that the standard by which Minister for Europe David Lidington assessed the evidence for OPIC’s relisting, that it was “sufficient for the Council, in the event of a challenge, to defend its relisting decision”, was lower than the standard sought by the Committee when it first considered the matter, that the evidence “was sufficiently robust either to deter or to withstand further legal challenge”. The Committee also criticised Mr Lidington’s reasons for not providing information to Parliament on what public domain information is held by the Council in relation to OPIC, and stated that it finds it unlikely that either the UK Government or the EU Council will be able to enforce the confidentiality of this information or sustain it if challenged.  The same Committee kept the re-listings of the National Iranian Tanker Company (NITC) and Mr Golparvar under scrutiny last March (see previous blog).

This entry was posted in Iran by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

Please Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s