ICC registrar presses EU to activate 'blocking statute' against US sanctions
Published . Updated .
Key takeaways
- ICC registrar Osvaldo Zavala Giler urges EU to activate blocking statute so European firms can keep serving court despite US sanctions
- Exposed: VGK, ASML, HSBC, SHEL, NVS
- Market reaction: VGK +2.6% on the day (still updating); ASML −1.9% on the day (still updating); HSBC +4.2% on the day (still updating)
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ICC registrar Osvaldo Zavala Giler urges EU to activate blocking statute so European firms can keep serving court despite US sanctions
Directly affected
- No company is named in this report.
Indirectly affected
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).
- ASML ASML Holding N.V-0.8% 16d
ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares.
- HSBC HSBC Holdings-6.5% 16d
HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares.
- SHEL Shell+3.5% 11d
Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares.
- NVS Novartis AG+1.5% 15d
Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| VGK | -0.30% | -0.05% | base | +2.59% | after close | after close | after close |
| ASML | +7.25% | +0.88% | base | -1.87% | after close | after close | after close |
| HSBC | +2.25% | +1.01% | base | +4.20% | after close | after close | after close |
| SHEL | +0.85% | +4.31% | base | -0.64% | after close | after close | after close |
| NVS | -1.99% | +0.99% | base | +2.59% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
ICC registrar presses EU to activate 'blocking statute' against US sanctions Türkiye Today
Source: Türkiye Today
Price since this story was published: Vanguard Intl Equity Index F (VGK)
| Company | When | Move | Status |
|---|---|---|---|
| Asml Holding (ASML) | that day | -1.87% | still updating |
| Asml Holding (ASML) | three days earlier | +0.88% | final price |
| Asml Holding (ASML) | five days earlier | +7.25% | final price |
| Hsbc Holdings (HSBC) | that day | +4.20% | still updating |
| Hsbc Holdings (HSBC) | three days earlier | +1.01% | final price |
| Hsbc Holdings (HSBC) | five days earlier | +2.25% | final price |
| Novartis Ag (NVS) | that day | +2.59% | still updating |
| Novartis Ag (NVS) | three days earlier | +0.99% | final price |
| Novartis Ag (NVS) | five days earlier | -1.99% | final price |
| Shell (SHEL) | that day | -0.64% | still updating |
| Shell (SHEL) | three days earlier | +4.31% | final price |
| Shell (SHEL) | five days earlier | +0.85% | final price |
| Vanguard Intl Equity Index F (VGK) | that day | +2.59% | still updating |
| Vanguard Intl Equity Index F (VGK) | three days earlier | -0.05% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -0.30% | final price |
Congressional trades in the stocks in this story
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 12 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 89 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 69 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vanguard Intl Equity Index F (VGK)
Companies tied to this story
- VGK Vanguard Intl Equity Index F
For “ICC registrar presses EU to activate 'blocking statute' against US sanctions,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”)
- ASML Asml Holding
In “ICC registrar presses EU to activate 'blocking statute' against US sanctions,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. Reason on file: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares
- HSBC Hsbc Holdings
Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “ICC registrar presses EU to activate 'blocking statute' against US sanctions.” Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares
- SHEL Shell
Shell (SHEL) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “ICC registrar presses EU to activate 'blocking statute' against US sanctions.” Reason on file: Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares
- NVS Novartis Ag
Novartis Ag (NVS) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “ICC registrar presses EU to activate 'blocking statute' against US sanctions.” Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares
Vanguard Intl Equity Index F (VGK)
“ICC registrar presses EU to activate 'blocking statute' against US sanctions” (4 Nov 2026) reaches Vanguard Intl Equity Index F (VGK) through this story.
The link for Vanguard Intl Equity Index F (VGK) is this: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”)
A second company, Asml Holding (ASML), is listed for a different reason: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“eu”) reaches its shares
Dates and price levels for Vanguard Intl Equity Index F (VGK)
ASML traded between 1583.71 and 1868.68 across 13 sessions. The latest close on file is 1590.17. HSBC traded between 91.56 and 101.84 across 13 sessions. The latest close on file is 94.32.
A simple score for Vanguard Intl Equity Index F (VGK)
40 out of 100Price not final
“ICC registrar presses EU to activate 'blocking statute' against US sanctions” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.