Case T-403/22: Judgment of the General Court of 23 October 2024 – DZ Bank v SRB (Contributions ex ante 2022) (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 2022 contribution period – Article 70(2) of Regulation (EU) No 806/2014 – Error of law – Limitation of the temporal effects of the judgment)
Date: 2024-10-23
Institutions: General Court
Subjects: EU banking union, bank, bank resolution, company in difficulties, financing method, financing plan, fund (EU)








C_202407321EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/7321


16.12.2024






Judgment of the General Court of 23 October 2024 – DZ Bank v SRB (Contributions ex ante 2022)


(Case T-403/22)
                (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 2022 contribution period - Article 70(2) of Regulation (EU) No 806/2014 - Error of law - Limitation of the temporal effects of the judgment)
(C/2024/7321)
Language of the case: German

Parties


Applicant: DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main (Frankfurt, Germany) (represented by: H. Berger, M. Weber and D. Schoo, lawyers)

Defendant: Single Resolution Board (represented by: K.-P. Wojcik, J. Kerlin, T. Wittenberg and D. Ceran, acting as Agents, and by H.-G. Kamann and P. Gey, lawyers)

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

Re:

By its action under Article 263 TFEU, the applicant seeks the annulment of Decision SRB/ES/2022/18 of the Single Resolution Board (SRB) of 11 April 2022 on the calculation of the 2022 ex ante contributions to the Single Resolution Fund (SRF), in so far as that decision concerns it.

Operative part of the judgment

The Court:






1.


Annuls Decision SRB/ES/2022/18 of the Single Resolution Board (SRB) of 11 April 2022 on the calculation of the 2022 ex ante contributions to the Single Resolution Fund (SRF) in so far as it concerns DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main;










2.


Maintains the effects of Decision SRB/ES/2022/18, in so far as it concerns DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, until the SRB has taken the measures necessary to implement the present judgment, which must be within a reasonable period which cannot exceed six months from the day on which the present judgment becomes final;










3.


Orders the SRB to bear its own costs and to pay those incurred by DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main;










4.


Orders the European Parliament and the Council of the European Union to bear their own costs.






(1)  
            OJ C 380, 3.10.2022.


ELI: http://data.europa.eu/eli/C/2024/7321/oj
ISSN 1977-091X (electronic edition)