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C series
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(Economic and monetary policy - Prudential supervision of credit institutions - Specific supervisory tasks conferred on the ECB - Setting of prudential requirements - Irrevocable payment commitments - Action for annulment - No interest in bringing proceedings - Partial inadmissibility - Manifest error of assessment - Proportionality)
(C/2024/4461)
Language of the case: English
Applicants: Deutsche Bank AG (Frankfurt am Main, Germany), BHW Bausparkasse AG (Hamelin, Germany), norisbank GmbH (Bonn, Germany) (represented by: H. Berger and M. Weber, lawyers)
Defendant: European Central Bank (represented by: K. Lackhoff, M. Prokop and F. Bonnard, acting as Agents)
By their action based on Article 263 TFEU, first, the applicants seek the partial annulment of Decision ECB-SSM-2022-DEDEB-6 of the European Central Bank (ECB) of 2 February 2022 establishing prudential requirements, including Annexes I and II thereto, with regard to the requirements imposed on them, and, second, Deutsche Bank and BHW Bausparkasse seek the partial annulment of Decision ECB-SSM-2022-DEDEB-44 of the ECB of 21 December 2022 establishing prudential requirements, including Annexes I and II thereto, with regard to the requirements imposed on them.
The Court:
1.Dismisses as inadmissible the action brought by Deutsche Bank AG seeking the annulment of the measures imposed on an individual basis under paragraph 1.3 of Decision ECB-SSM-2022-DEDEB-6 of the European Central Bank (ECB) of 2 February 2022;
2.Dismisses as inadmissible the action brought by norisbank GmbH seeking the annulment of the measures imposed on an individual basis under paragraph 1.3 of Decision ECB-SSM-2022-DEDEB-6 of the ECB of 2 February 2022;
3.Dismisses the action as unfounded as to the remainder;
4.Orders Deutsche Bank, BHW Bausparkasse AG and norisbank to pay the costs.
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Language of the case: English.
ELI: http://data.europa.eu/eli/C/2024/4461/oj
ISSN 1977-091X (electronic edition)
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