CELEX: 62017CA0599
Language: en
Date: 2018-10-04 00:00:00
Title: Case C-599/17: Judgment of the Court (Seventh Chamber) of 4 October 2018 — European Commission v Kingdom of Spain (Failure of a Member State to fulfil obligations — Implementing Directive (EU) 2015/2392 — Reporting to competent authorities of actual or potential infringements of the market abuse regulation — Failure to communicate or failure to transpose within the prescribed period)

3.12.2018   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 436/14
            
         
      Judgment of the Court (Seventh Chamber) of 4 October 2018 — European Commission v Kingdom of Spain
      (Case C-599/17) (1)
      
      ((Failure of a Member State to fulfil obligations - Implementing Directive (EU) 2015/2392 - Reporting to competent authorities of actual or potential infringements of the market abuse regulation - Failure to communicate or failure to transpose within the prescribed period))
      (2018/C 436/17)
      Language of the case: Spanish
      
         Parties
      
      
         Applicant: European Commission (represented by: J. Rius and T. Scharf, acting as Agents)
      
         Defendant: Kingdom of Spain (represented by: S. Jiménez García, acting as Agent)
      
         Operative part of the judgment
      
      The Court:
      
                  1.
               
               
                  Declares that, by failing to adopt within the prescribed period the laws, regulations and administrative provisions necessary to comply with Commission Implementing Directive (EU) 2015/2392 of 17 December 2015 on Regulation (EU) No 596/2014 of the European Parliament and of the Council as regards reporting to competent authorities of actual or potential infringements of that regulation, and by failing to communicate to the European Commission the text of the provisions adopted to transpose that implementing directive, the Kingdom of Spain has failed to fulfil its obligations under that implementing directive, in particular under the first paragraph of Article 13 thereof;
               
            
                  2.
               
               
                  Orders the Kingdom of Spain to pay the costs.
               
            
         (1)  OJ C 5, 8.1.2018.