62021CJ0822_SUM
Case C‑822/21
Republic of Latvia
v
Kingdom of Sweden
Judgment of the Court (First Chamber) of 30 April 2024
(Failure of a Member State to fulfil obligations – Article 259 TFEU – Directive 2014/49/EU – Deposit guarantee schemes (DGSs) – Article 14(3) – Transfer of the activities of a credit institution from the DGS of one Member State to the DGS of another Member State – Transfer to the DGS of the host Member State of the contributions paid to the DGS of the home Member State during the 12 months preceding the transfer of the activities – Obligation – Failure to transfer contributions – Effectiveness – Principle of sincere cooperation)
Freedom of establishment – Freedom to provide services – Credit institutions – Deposit guarantee schemes – Directive 2014/49 – Contributions of a credit institution to the deposit guarantee scheme (DGS) – Transfer of the activities of that institution from the DGS of one Member State to the DGS of another Member State – Obligation to transfer to the DGS of the host Member State the contributions paid to the DGS of the home Member State during the 12 months preceding the transfer of the activities of that institution – Refusal of the DGS of the home Member State to transfer the contributions paid in respect of that period – Failure to fulfil obligations
(Art. 259 TFEU; European Parliament and Council Directive 2014/49, recital 37, second paragraph of Art. 10(1) and Art. 14(3))
(see paragraphs 83-88, 91, 93-95, operative part 1)
See the text of the decision.