CELEX: 62018CN0152
Language: en
Date: 2018-02-23 00:00:00
Title: Case C-152/18 P: Appeal brought on 23 February 2018 by Crédit mutuel Arkéa against the judgment of the General Court (Second Chamber, Extended Composition) delivered on 13 December 2017 in Case T-712/15, Crédit mutuel Arkéa v European Central Bank

7.5.2018   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 161/41
            
         Appeal brought on 23 February 2018 by Crédit mutuel Arkéa against the judgment of the General Court (Second Chamber, Extended Composition) delivered on 13 December 2017 in Case T-712/15, Crédit mutuel Arkéa v European Central Bank
   (Case C-152/18 P)
   (2018/C 161/46)
   Language of the case: French
   
      Parties
   
   
      Appellant: Crédit mutuel Arkéa (represented by: H. Savoie, avocat)
   
      Other parties to the proceedings: European Central Bank, European Commission
   
      Form of order sought
   
   The appellant claims that the Court should:
   
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               Set aside the judgment of 13 December 2017 (T-712/15) by which the General Court dismissed Crédit mutuel Arkéa’s application seeking annulment of the decision of the European Central Bank of 5 October 2015 (ECB/SSM/2015 — 9695000CG7B84NLR5984/28) setting the prudential requirements applicable to Groupe Crédit mutuel.
            
         
      Grounds of appeal and main arguments
   
   In support of its appeal, the appellant relies on two grounds, alleging that:
   
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               the General Court erred in law when it held that Article 2(21)(c) of the SSM Framework Regulation allowed the ECB to exercise prudential supervision on a consolidated basis in respect of institutions affiliated to a central body despite the fact that that body does not have credit institution status;
            
         
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               the General Court erred in its legal characterisation of the facts when it held that Crédit mutuel is a supervised group since it meets the criteria set out in Article 10(1) of Regulation No 575/2013. (1)
               
            
         
      (1)  Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ 2013 L 176, p. 1).