CELEX: 62017CA0450
Language: en
Date: 2019-05-08 00:00:00
Title: Case C-450/17 P: Judgment of the Court (First Chamber) of 8 May 2019 — Landeskreditbank Baden-Württemberg — Förderbank v European Central Bank, European Commission (Appeal — Economic and monetary policy — Regulation (EU) No 1024/2013 — Article 6(4) — Regulation (EU) No 468/2014 — Article 70(1) — Prudential supervision of credit institutions — Tasks conferred on the European Central Bank (ECB) — Single supervisory mechanism — Performance of those tasks by the national competent authorities — ‘Less significant’ credit institution — ‘Particular circumstances’ justifying a credit institution being considered ‘less significant’)

8.7.2019   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 230/5
            
         
      Judgment of the Court (First Chamber) of 8 May 2019 — Landeskreditbank Baden-Württemberg — Förderbank v European Central Bank, European Commission
      (Case C-450/17 P) (1)
      
      (Appeal - Economic and monetary policy - Regulation (EU) No 1024/2013 - Article 6(4) - Regulation (EU) No 468/2014 - Article 70(1) - Prudential supervision of credit institutions - Tasks conferred on the European Central Bank (ECB) - Single supervisory mechanism - Performance of those tasks by the national competent authorities - ‘Less significant’ credit institution - ‘Particular circumstances’ justifying a credit institution being considered ‘less significant’)
      (2019/C 230/05)
      Language of the case: German
      
         Parties
      
      
         Appellant: Landeskreditbank Baden-Württemberg — Förderbank (represented by: A. Glos, T. Lübbig and M. Benzing, Rechtsanwälte)
      
         Other parties to the proceedings: European Central Bank (represented by: E. Koupepidou and R. Bax, acting as Agents, and by H.-G. Kamann, Rechtsanwalt), European Commission (represented by: W. Mölls and K.-P. Wojcik, acting as Agents)
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Dismisses the appeal;
               
            
                  2.
               
               
                  Orders the Landeskreditbank Baden-Württemberg — Förderbank to pay the costs.
               
            
         (1)  OJ C 293, 4.9.2017.