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Case T-149/18: Judgment of the General Court of 9 September 2020 — Arkéa Direct Bank and Others v ECB (Economic and monetary policy — Prudential supervision of credit institutions — Contribution to the deposit guarantee system or to the single resolution fund by means of irrevocable payment commitments — Tasks entrusted to the ECB — Specific supervision powers of the ECB — Article 4(1)(f) and Article 16(1)(c) and (2)(d) of Regulation (EU) No 1024/2013 — Measure requiring the deduction of the cumulative amount of irrevocable payment commitments outstanding from Tier 1 capital — Absence of individual examination)
ECLI:EU:UNKNOWN:62018TA0149
62018TA0149
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23.11.2020
Official Journal of the European Union
C 399/27
(Case T-149/18) (*)
(Economic and monetary policy - Prudential supervision of credit institutions - Contribution to the deposit guarantee system or to the single resolution fund by means of irrevocable payment commitments - Tasks entrusted to the ECB - Specific supervision powers of the ECB - Article 4(1)(f) and Article 16(1)(c) and (2)(d) of Regulation (EU) No 1024/2013 - Measure requiring the deduction of the cumulative amount of irrevocable payment commitments outstanding from Tier 1 capital - Absence of individual examination)
(2020/C 399/38)
Language of the case: French
Parties
Applicants: Arkéa Direct Bank (Puteaux, France) and the nine other applicants whose names are listed in the annex to the judgment (represented by: A. Gosset-Grainville, M. Trabucchi and M. Dalon, lawyers)
Defendant: European Central Bank (represented by: E. Koupepidou, R. Bax and F. Bonnard, acting as Agents)
Re:
Application based on Article 263 TFEU for partial annulment, first, of ECB Decision ECB/SSM/2017-9695000CG7B84NLR5984/207 of 19 December 2017, and, second, of ECB Decision ECB-SSM-2019-FRCMU-4 of 14 February 2019.
Operative part of the judgment
The Court:
1.Annuls paragraph 8 of Decision ECB/SSM/2017-9695000CG7B84NLR5984/207 of the European Central Bank (ECB) of 19 December 2017 and paragraph 5 of Decision ECB-SSM-2019-FRCMU-4 of the ECB of 14 February 2019;
2.Orders the ECB to pay the costs.
(*)
Language of the case: French
ECLI:EU:C:2020:140
* * *
(*) Language of the case: French.