Judgment;Information — ECLI:EU:T:2024:358
Date: 2024-06-05
Language of the case: French
Court formation: Third Chamber, Extended Composition
Subject matter: European Central Bank (ECB);Economic and monetary policy
Procedure: Action for annulment - unfounded
Origin: France

Judgment of the General Court of 5 June 2024 – Société générale v ECB (Case T-191/22) 1 (Economic and monetary policy – Supervision of credit institutions – Specific supervisory tasks conferred on the ECB – Setting of prudential requirements – Irrevocable payment commitments – Force of res judicata – Misuse of powers – Manifest error of assessment – Principle of sound administration – Proportionality) Language of the case: French Parties Applicant: Société générale (Paris, France) (represented by: A. Gosset-Grainville and M. Trabucchi, lawyers) Defendant: European Central Bank (represented by: K. Lackhoff, D. Segoin and F. Bonnard, acting as Agents) Re: By its action based on Article 263 TFEU, the applicant seeks annulment, first, of point 1.6 and points 3.6.1 to 3.6.8 of Decision ECB-SSM-2022-FRSOG-7 of the European Central Bank (ECB) of 2 February 2022, including the annexes thereto, in so far as it prescribes measures to be taken in relation to the irrevocable payment commitments (‘the IPCs’) concerning deposit guarantee schemes or resolution funds, and, second, of point 1.6 and points 3.6.1 to 3.6.8 of Decision ECB-SSM-2022-FRSOG-88 of the ECB of 21 December 2022, including the annexes thereto, in so far as it prescribes measures to be taken in relation to ICPs concerning deposit guarantee schemes or resolution funds. Operative part of the judgment The Court: Dismisses the action; Orders Société générale to pay the costs. ____________ 1 OJ C 213, 30.5.2022.