CELEX: 62018TA0146
Language: en
Date: 2020-09-09 00:00:00
Title: Case T-146/18: Judgment of the General Court of 9 September 2020 — BPCE and Others v ECB (Economic and monetary policy — Prudential supervision of credit institutions — Contribution to the deposit guarantee system or to the single resolution fund by means of irrevocable payment commitments — Tasks entrusted to the ECB — Specific supervision powers of the ECB — Article 4(1)(f) and Article 16(1)(c) and (2)(d) of Regulation (EU) No 1024/2013 — Measure requiring the deduction of the cumulative amount of irrevocable payment commitments outstanding from Tier 1 capital — Absence of individual examination)

23.11.2020   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 399/26
            
         
      Judgment of the General Court of 9 September 2020 — BPCE and Others v ECB
      (Case T-146/18) (1)
      
      (Economic and monetary policy - Prudential supervision of credit institutions - Contribution to the deposit guarantee system or to the single resolution fund by means of irrevocable payment commitments - Tasks entrusted to the ECB - Specific supervision powers of the ECB - Article 4(1)(f) and Article 16(1)(c) and (2)(d) of Regulation (EU) No 1024/2013 - Measure requiring the deduction of the cumulative amount of irrevocable payment commitments outstanding from Tier 1 capital - Absence of individual examination)
      (2020/C 399/37)
      Language of the case: French
      
         Parties
      
      
         Applicants: BPCE (Paris, France) and the 36 other applicants whose names are listed in the annex to the judgment (represented by: A. Gosset-Grainville, M. Trabucchi and M. Dalon, lawyers)
      
         Defendant: European Central Bank (represented by: E. Koupepidou, R. Bax and F. Bonnard, acting as Agents)
      
         Re:
      
      Application based on Article 263 TFEU for partial annulment, first, of ECB Decision ECB/SSM/2017-9695005MSX1OYEMGDF46/338 of 19 December 2017, and, second, of ECB Decision ECB-SSM-2019-FRBPC-22 of 14 February 2019.
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Annuls paragraph 4 of Decision ECB/SSM/2017-9695005MSX1OYEMGDF46/338 of the European Central Bank (ECB) of 19 December 2017 and paragraphs 3.4 to 3.7 of Decision ECB-SSM-2019-FRBPC 22 of the ECB of 14 February 2019;
               
            
                  2.
               
               
                  Orders the ECB to pay the costs.
               
            
         (1)  OJ C 161, 7.5.2018.