I imagine what I want to write in my case, I write it in the search engine and I get exactly what I wanted. Thank you!
Valentina R., lawyer
(Case C-389/21 P) (<span class="oj-super oj-note-tag">1</span>)
(Appeal - Economic and monetary policy - Prudential supervision of credit institutions - Regulation (EU) No 575/2013 - Calculation of the leverage ratio - Exposure measure - Article 429(14) - Exclusion of exposures meeting certain conditions - Partial refusal of authorisation - Discretion of the European Central Bank (ECB) - Action for annulment - Manifest error of assessment - Judicial review)
(2023/C 216/09)
Language of the case: French
Appellant: European Central Bank (represented by: F. Bonnard, M. Ioannidis, R. Ugena and C. Zilioli, acting as Agents)
Other party to the proceedings: Crédit lyonnais (represented by: A. Champsaur and A. Delors, avocates)
The Court:
1.Sets aside the judgment of the General Court of the European Union of 14 April 2021, Crédit lyonnais v ECB (T-504/19, EU:T:2021:185), in so far as it upholds the first part of the third plea in law and, in part, the third part of the first plea in law relied on at first instance and annuls Decision ECB-SSM-2019-FRCAG-39 of the European Central Bank (ECB) of 3 May 2019, in so far as that decision refused to exclude from the calculation of the leverage ratio of Crédit lyonnais 34 % of its exposures on the Caisse des dépôts et consignations;
2.Dismisses the action brought in Case T-504/19 by Crédit lyonnais at first instance;
3.Orders Crédit lyonnais to pay the costs.
(<span class="oj-super">1</span>) OJ C 320, 9.8.2021.