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Cases T-150/18 and T-345/18: Judgment of the General Court of 9 September 2020 — BNP Paribas v ECB (Economic and monetary policy — Prudential supervision of credit institutions — Contribution to the deposit guarantee scheme or to the single resolution fund by way of irrevocable payment commitments — Tasks conferred on the ECB — ECB’s specific supervision powers — Article 4(1)(f), Article 16(1)(c) and Article 16(2)(d) of Regulation (EU) No 1024/2013 — Measure imposing the deduction of the cumulative sum of outstanding irrevocable payment commitments from Common Equity Tier 1 — Absence of individual examination)
ECLI:EU:UNKNOWN:62018TA0150
62018TA0150
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Official Journal of the European Union
C 378/27
(Cases T-150/18 and T-345/18) (*)
(Economic and monetary policy - Prudential supervision of credit institutions - Contribution to the deposit guarantee scheme or to the single resolution fund by way of irrevocable payment commitments - Tasks conferred on the ECB - ECB’s specific supervision powers - Article 4(1)(f), Article 16(1)(c) and Article 16(2)(d) of Regulation (EU) No 1024/2013 - Measure imposing the deduction of the cumulative sum of outstanding irrevocable payment commitments from Common Equity Tier 1 - Absence of individual examination)
(2020/C 378/32)
Language of the case: French
Parties
Applicant: BNP Paribas (Paris, France) (represented by: A. Gosset-Grainville, M. Trabucchi and M. Dalon, lawyers)
Defendant: European Central Bank (ECB) (represented by: E. Koupepidou, R. Bax and F. Bonnard, acting as Agents)
Re:
Application under Article 263 TFEU for partial annulment of Decision ECB/SSM/2017-R0MUWSFPU8MPRO8K5P83/248 of the ECB of 19 December 2017, Decision ECB-SSM-2018-FRBNP-17 of the ECB of 26 April 2018, and Decision ECB-SSM-2019-FRBNP-12 of the ECB of 14 February 2019.
Operative part of the judgment
The Court:
1.Joins Cases T-150/18 and T-345/18 for the purposes of the present judgment;
2.Annuls paragraphs 9.1 to 9.3 of Decision ECB/SSM/2017-R0MUWSFPU8MPRO8K5P83/248 of the European Central Bank (ECB) of 19 December 2017, paragraphs 9.1 to 9.3 of Decision ECB-SSM-2018-FRBNP-17 of the ECB of 26 April 2018, and paragraphs 8.1 to 8.4 of Decision ECB-SSM-2019-FRBNP-12 of the ECB of 14 February 2019;
3.Orders the ECB to pay the costs.
(*)
Language of the case: French.
ECLI:EU:C:2020:378