62022TO0525_INF
Order of the General Court (Seventh Chamber) of 10 October 2023 –Sberbank v Commission and SRB
(Case T‑525/22) (
1
)
(Action for annulment – Economic and monetary union – Banking union – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Resolution procedure applicable where an entity is failing or is likely to fail – Adoption by the SRB of a resolution scheme – Endorsement decision by the Commission – Lack of direct concern – Inadmissibility)
Action for annulment – Natural or legal persons – Measures of direct and individual concern to them – Direct concern – Criteria – Resolution decisions adopted by the Single Resolution Board (SRB) and the Commission in respect of a credit institution– Action brought by a person not having the capacity of a shareholder of that institution and whose legal situation is not directly affected by those decisions – Inadmissibility
(Art. 263, fourth para., TFEU; European Parliament and Council Regulation No 806/2014)
(see paragraphs 30, 33, 35, 50)
Operative part
1.
The action is dismissed as inadmissible.
2.
There is no need to rule on the applications to intervene made by the European Central Bank (ECB) and the Republic of Croatia.
3.
Sberbank of Russia PAO shall bear its own costs and pay those incurred by the European Commission and the Single Resolution Board (SRB), with the exception of those relating to the applications to intervene.
4.
Sberbank of Russia, the Commission, the SRB, the ECB and the Republic of Croatia shall each bear their own costs relating to the applications to intervene.
(
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)	OJ C 441, 21.11.2022.