CELEX: 62018TA0150
Language: en
Date: 2020-09-09 00:00:00
Title: Cases T-150/18 and T-345/18: Judgment of the General Court of 9 September 2020 — BNP Paribas v ECB (Economic and monetary policy — Prudential supervision of credit institutions — Contribution to the deposit guarantee scheme or to the single resolution fund by way of irrevocable payment commitments — Tasks conferred on the ECB — ECB’s specific supervision powers — Article 4(1)(f), Article 16(1)(c) and Article 16(2)(d) of Regulation (EU) No 1024/2013 — Measure imposing the deduction of the cumulative sum of outstanding irrevocable payment commitments from Common Equity Tier 1 — Absence of individual examination)

9.11.2020   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 378/27
            
         
      Judgment of the General Court of 9 September 2020 — BNP Paribas v ECB
      (Cases T-150/18 and T-345/18) (1)
      
      (Economic and monetary policy - Prudential supervision of credit institutions - Contribution to the deposit guarantee scheme or to the single resolution fund by way of irrevocable payment commitments - Tasks conferred on the ECB - ECB’s specific supervision powers - Article 4(1)(f), Article 16(1)(c) and Article 16(2)(d) of Regulation (EU) No 1024/2013 - Measure imposing the deduction of the cumulative sum of outstanding irrevocable payment commitments from Common Equity Tier 1 - Absence of individual examination)
      (2020/C 378/32)
      Language of the case: French
      
         Parties
      
      
         Applicant: BNP Paribas (Paris, France) (represented by: A. Gosset-Grainville, M. Trabucchi and M. Dalon, lawyers)
      
         Defendant: European Central Bank (ECB) (represented by: E. Koupepidou, R. Bax and F. Bonnard, acting as Agents)
      
         Re:
      
      Application under Article 263 TFEU for partial annulment of Decision ECB/SSM/2017-R0MUWSFPU8MPRO8K5P83/248 of the ECB of 19 December 2017, Decision ECB-SSM-2018-FRBNP-17 of the ECB of 26 April 2018, and Decision ECB-SSM-2019-FRBNP-12 of the ECB of 14 February 2019.
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Joins Cases T-150/18 and T-345/18 for the purposes of the present judgment;
               
            
                  2.
               
               
                  Annuls paragraphs 9.1 to 9.3 of Decision ECB/SSM/2017-R0MUWSFPU8MPRO8K5P83/248 of the European Central Bank (ECB) of 19 December 2017, paragraphs 9.1 to 9.3 of Decision ECB-SSM-2018-FRBNP-17 of the ECB of 26 April 2018, and paragraphs 8.1 to 8.4 of Decision ECB-SSM-2019-FRBNP-12 of the ECB of 14 February 2019;
               
            
                  3.
               
               
                  Orders the ECB to pay the costs.
               
            
         (1)  OJ C 161, 7.5.2018.