In a series of recent judgments, the Fourth Chamber of the General Court of the European Union (“the General Court”) annulled the designation of some of the largest privately held commercial Iranian banks on the EU’s sanctions list. On 11 December 2012, sanctions against Sina Bank (Case T-15/11 Sina Bank v. Council) were annulled. Similarly, sanctions against Bank Mellat (Case T-496/10 Bank Mellat v. Council) were struck down on 29 January 2013. On 5 February, sanctions targeting Bank Saderat (Case T-494/10 Bank Saderat Iran v. Council) met the same fate, further illustrating the General Court’s willingness to annul sanctions if their adoption is not based on sufficient evidence and if the entity concerned is not given ample time to review and respond to the evidence against it.