Order;Summary — ECLI:EU:C:2021:502
Date: 2021-06-16
Language of the case: French
Court formation: Tenth Chamber
Subject matter: Economic and monetary policy
Procedure: Action for annulment;Appeal - unfounded;Appeal - inadmissible
Origin: France

Joined Cases C‑456/20 P to C‑458/20 P Crédit agricole SA and Others v European Central Bank (ECB) Order of the Court (Tenth Chamber) of 16 June 2021 (Appeal – Article 181 of the Rules of Procedure of the Court of Justice – Economic and monetary policy – Regulation (EU) No 1024/2013 – Article 18(1) – Prudential supervision of credit institutions – Specific supervisory tasks assigned to the European Central Bank (ECB) – Imposition of an administrative pecuniary penalty for infringement of prudential requirements – Regulation (EU) No 575/2013 – Article 26(3) – Own funds requirements – Capital instruments – Issuance of ordinary shares – Categorisation as Common Equity Tier 1 items (CET 1) – No prior authorisation by the competent authority – Negligent breach) 1. EU law – Principles – Principle of retroactive application of the lightest penalty – Conditions under which applicable (Charter of Fundamental Rights of the European Union, Art. 49 (1)) (see paragraph 29) 2. Economic and monetary policy – Economic policy – Supervision of the EU financial sector – Single supervisory mechanism – Prudential supervision of credit institutions – Own funds requirements (European Parliament and Council Regulation No 575/2013, Art. 26 (3)) (see paragraph 32) 3. Economic and monetary policy – Economic policy – Supervision of the EU financial sector – Single supervisory mechanism – Prudential supervision of credit institutions – Specific supervisory tasks assigned to the European Central Bank (ECB) (European Parliament and Council Regulation No 575/2013, Art. 26(3); Council Regulation No 1024/2013, Art. 18(1)) (see paragraphs 65-66) See the text of the decision.