21.9.2020

Official Journal of the European Union

C 313/22

(Case T-203/18) (*)

(Economic and monetary policy - Prudential supervision of credit institutions - Article 18(1) of Regulation (EU) No 1024/2013 - Administrative pecuniary penalty imposed by the ECB on a credit institution for infringement of Article 77(a) of Regulation (EU) No 575/2013 - Rules for publication on the ECB’s website - Article 18(6) of Regulation No 1024/2013 and Article 132(1) of Regulation (EU) No 468/2014)

(2020/C 313/33)

Language of the case: English

Parties

Applicant: VQ (represented by: G. Cahill, Barrister)

Defendant: European Central Bank (represented by: E. Koupepidou, E. Yoo and M. Puidokas, acting as Agents)

Intervening parties in support of the defendant: Council of the European Union (represented by: I. Gurov and J. Bauerschmidt, acting as Agents), European Commission (represented by: L. Armati, A. Steiblytė, K. P. Wojcik and A. Nijenhuis, acting as Agents)

Re:

Application based on Article 263 TFEU for annulment of Decision ECB-SSM-2018-ESSAB-4, SNC 2016-0026 of the ECB, of 14 March 2018, adopted pursuant to Article 18(1) of Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (OJ 2013 L 287, p. 63), to the extent that, first, it imposed on the applicant an administrative pecuniary penalty of EUR 1 600 000 and, second, it decided to publish that penalty, without anonymising the name of the applicant, on the ECB’s website.

Operative part of the judgment

The Court:

1.Dismisses the action;

2.Orders VQ to bear, in addition to its own costs, the costs incurred by the European Central Bank (ECB), including those relating to the proceedings for interim measures;

3.Orders the Council of the European Union and the European Commission to bear their own costs.

*

Language of the case: English.

ECLI:EU:C:2025:140

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