The Court of Justice of the European Union has ruled that a listing on US sanctions lists is insufficient grounds for denying EU residents access to a basic bank account. The court affirmed that all legal EU residents have the right to open and maintain a basic bank account, ensuring financial inclusion. However, this right is not absolute and remains subject to existing EU regulations designed to combat money laundering and the financing of terrorism. Banks can still refuse account access if individuals fail to comply with these established financial security measures. The ruling clarifies that simply appearing on a foreign sanctions list does not automatically disqualify someone from banking services within the EU. This decision aims to balance international cooperation on security with the fundamental right to participate in the financial system. The court emphasized the importance of due process and individual assessment in such cases.