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Case C-450/17 P: Judgment of the Court (First Chamber) of 8 May 2019 — Landeskreditbank Baden-Württemberg — Förderbank v European Central Bank, European Commission (Appeal — Economic and monetary policy — Regulation (EU) No 1024/2013 — Article 6(4) — Regulation (EU) No 468/2014 — Article 70(1) — Prudential supervision of credit institutions — Tasks conferred on the European Central Bank (ECB) — Single supervisory mechanism — Performance of those tasks by the national competent authorities — ‘Less significant’ credit institution — ‘Particular circumstances’ justifying a credit institution being considered ‘less significant’)
ECLI:EU:UNKNOWN:62017CA0450
62017CA0450
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Official Journal of the European Union
C 230/5
(Case C-450/17 P) (<span class="super note-tag">1</span>)
(Appeal - Economic and monetary policy - Regulation (EU) No 1024/2013 - Article 6(4) - Regulation (EU) No 468/2014 - Article 70(1) - Prudential supervision of credit institutions - Tasks conferred on the European Central Bank (ECB) - Single supervisory mechanism - Performance of those tasks by the national competent authorities - ‘Less significant’ credit institution - ‘Particular circumstances’ justifying a credit institution being considered ‘less significant’)
(2019/C 230/05)
Language of the case: German
Parties
Appellant: Landeskreditbank Baden-Württemberg — Förderbank (represented by: A. Glos, T. Lübbig and M. Benzing, Rechtsanwälte)
Other parties to the proceedings: European Central Bank (represented by: E. Koupepidou and R. Bax, acting as Agents, and by H.-G. Kamann, Rechtsanwalt), European Commission (represented by: W. Mölls and K.-P. Wojcik, acting as Agents)
Operative part of the judgment
The Court:
1.Dismisses the appeal;
2.Orders the Landeskreditbank Baden-Württemberg — Förderbank to pay the costs.
(<span class="super">1</span>) OJ C 293, 4.9.2017.
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