There is a possibility that the EU might consider it, but I think the problem about all the difficulties standing in the way of a possible adoption of similar legislation by the EU is not so much the lack of commitment of the EU to the fight against corruption in this country, because the EU, being one of the most important donors, is quite interested in making sure that its aid is spent effectively. It definitely has an interest in fighting corruption.
The problem with this specific piece of legislation is that designating specific individuals is a problem for the European Union because, under the institutional system of the EU, the possibility exists for individuals who have been designated to challenge the blacklisting in front of the European Court of Justice. The European Court of Justice will listen to them. It will accept the case and will actually examine the evidence. Often, the European Union has not been very effective in defending itself. It was unable to produce the evidence on which the blacklisting had taken place, particularly in the case of terrorist organizations or terrorist designations, because it were based on intelligence that was confidential and could not be made public. Often this intelligence came from foreign sources such as the U.S., for example, and foreign intelligence services were unwilling to allow the European Union to disclose this evidence. In these cases, the European Union has been forced by the European Court of Justice to delist the individuals, because it was simply unable to produce convincing evidence in front of the court.
This is something that has affected even the listings of the European Union that emanate from the United Nations Security Council, which in theory are obligatory for everybody to impose. Because the EU is facing this big problem and has not found a way of dealing with it, I don't think it is very likely that the EU will contemplate passing legislation along these lines before it has found a way of sorting out the problem that it has with the individual designations that are condemned by the European Court of Justice as not being compatible with due process guarantees under human rights legislation, particularly the very stringent European convention on human rights.