Case T-405/23: Order of the General Court of 6 August 2024 – Sparkasse Niederösterreich Mitte West v SRB (Economic and monetary union – Banking union – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Single Resolution Fund (SRF) – Decision of the SRB on the calculation of the ex ante contributions for the 2023 contribution period – Article 70(2) of Regulation (EU) No 806/2014 – Action manifestly well founded – Limitation of the temporal effects of the order)
Date: 2024-08-06
Institutions: General Court
Subjects: EU banking union, bank, bank resolution, company in difficulties, financing method, financing plan








C_202405629EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/5629


30.9.2024






Order of the General Court of 6 August 2024 – Sparkasse Niederösterreich Mitte West v SRB


(Case T-405/23)
                (1)

(Economic and monetary union - Banking union - Single Resolution Mechanism for credit institutions and certain investment firms (SRM) - Single Resolution Fund (SRF) - Decision of the SRB on the calculation of the ex ante contributions for the 2023 contribution period - Article 70(2) of Regulation (EU) No 806/2014 - Action manifestly well founded - Limitation of the temporal effects of the order)
(C/2024/5629)
Language of the case: German

Parties


Applicant: Sparkasse Niederösterreich Mitte West AG (St. Pölten, Austria) (represented by: G. Eisenberger, A. Brenneis and J. Holzmann, lawyers)

Defendant: Single Resolution Board (represented by: J. Kerlin, C. Flynn and D. Ceran, acting as Agents and by B. Meyring and T. Klupsch, lawyers)

Interveners in support of the defendant: European Parliament (represented by: J. Etienne and G. Bartram, acting as Agents), Council of the European Union (represented by: J. Haunold, A. Westerhof Löfflerová and J. Bauerschmidt, acting as Agents)

Re:

By its action under Article 263 TFEU, the applicant seeks the annulment of Decision SRB/ES/2023/23 of the Single Resolution Board (SRB) of 2 May 2023 on the calculation of the 2023 ex ante contributions to the Single Resolution Fund (SRF), in so far as that decision concerns it.

Operative part of the order

The Court hereby orders:






1.


Decision SRB/ES/2023/23 of the Single Resolution Board (SRB) of 2 May 2023 on the calculation of the 2023 ex ante contributions to the Single Resolution Fund, in so far as it concerns Sparkasse Niederösterreich Mitte West AG is annulled.










2.


The effects of Decision SRB/ES/2023/23, in so far as it concerns Sparkasse Niederösterreich Mitte West, are maintained until the SRB has taken the measures necessary to implement the present order, which must occur within a reasonable period that cannot exceed six months from the day on which the present order becomes final.










3.


The SRB shall bear its own costs and pay those incurred by Sparkasse Niederösterreich Mitte West.










4.


The European Parliament and the Council of the European Union shall bear their own costs.






(1)  
            OJ C 314, 4.9.2023.


ELI: http://data.europa.eu/eli/C/2024/5629/oj
ISSN 1977-091X (electronic edition)