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R (PJSC ROSNEFT OIL COMPANY, FORMERLY OJSC ROSNEFT OIL COMPANY) v HER MAJESTY’ TREASURY, SECRETARY OF STATE FOR BUSINESS, INNOVATION AND SKILLS, THE FINANCIAL CONDUCT AUTHORITY

LLR: Financial Crime

R (PJSC ROSNEFT OIL COMPANY, FORMERLY OJSC ROSNEFT OIL COMPANY) v HER MAJESTY’ TREASURY, SECRETARY OF STATE FOR BUSINESS, INNOVATION AND SKILLS, THE FINANCIAL CONDUCT AUTHORITY

[2017] Lloyd's Rep. FC 447

COURT OF JUSTICE OF THE EUROPEAN UNION((GRAND CHAMBER))

Before Lenaerts, Tizzano, Silva de Lapuerta, Ilešič, da Cruz Vilaça, Rosas, Bonichot, Arabadjiev, Toader, Safjan, Jarašiūnas, Fernlund, Vajda, Rodin, Biltgen,Advocate General Wathelet,Registrar Malacek

Reference for a preliminary ruling – Common Foreign and Security Policy (CSFP) – Restrictive measures adopted in view of Russia's actions destabilising the situation in Ukraine – Provisions of Decision 2014/512/CSFP and Regulation (EU) No 833/2014 – Validity – Jurisdiction of the Court – EU-Russia Partnership Agreement – Obligatio to state reasons – Principles of legal certainty and nulla poena sine lege certa – Access to capital markets – Financial assistance – Global Depositary Receipts – Oil sector – Request for interpretation of “shale” and “waters deeper than 150 metres” – Inadmissibility.

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