CELEX: 62016TA0052
Language: en
Date: 2017-12-13 00:00:00
Title: Case T-52/16: Judgment of the General Court of 13 December 2017 — Crédit mutuel Arkéa v ECB (Economic and monetary policy — Prudential supervision of credit institutions — Article 4(3) of Regulation (EU) No 1024/2013 — Prudential supervision at the consolidated level — Group subject to prudential supervision — Institutions permanently affiliated to a central body — Article 2(21)(c) of Regulation (EU) No 468/2014 — Article 10 of Regulation (EU) No 575/2013 — Capital requirements — Article 16(1)(c) and (2)(a) of Regulation No 1024/2013)

5.2.2018   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 42/15
            
         Judgment of the General Court of 13 December 2017 — Crédit mutuel Arkéa v ECB
   (Case T-52/16) (1)
   
   ((Economic and monetary policy - Prudential supervision of credit institutions - Article 4(3) of Regulation (EU) No 1024/2013 - Prudential supervision at the consolidated level - Group subject to prudential supervision - Institutions permanently affiliated to a central body - Article 2(21)(c) of Regulation (EU) No 468/2014 - Article 10 of Regulation (EU) No 575/2013 - Capital requirements - Article 16(1)(c) and (2)(a) of Regulation No 1024/2013))
   (2018/C 042/20)
   Language of the case: French
   
      Parties
   
   
      Applicant: Crédit mutuel Arkéa (Le Relecq Kerhuon, France) (represented by: H. Savoie and P. Mele, lawyers)
   
      Defendant: European Central Bank (ECB) (represented by: K, Lackhoff, R. Bax and C. Olivier, acting as Agents, and M. Pittie, lawyer)
   
      Intervener in support of the defendant: European Commission (represented by: V. Di Bucci and K.-P. Wojcik, acting as Agents)
   
      Re:
   
   Application based on Article 263 TFEU seeking the annulment of Decision ECB/SSM/2015 — 9695000CG 7B84NLR5984/40 of the ECB of 4 December 2015 setting out the prudential requirements for the Crédit Mutuel group.
   
      Operative part of the judgment
   
   The Court:
   
               1.
            
            
               Dismisses the action;
            
         
               2.
            
            
               Orders Crédit mutual Arkéa to bear its own costs and to pay those incurred by the European Central Bank (ECB).
            
         
               3.
            
            
               Orders the European Commission to bear its own costs.
            
         
      (1)  OJ C 111, 29.3.2016.