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Case T-146/18: Judgment of the General Court of 9 September 2020 — BPCE 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:62018TA0146

62018TA0146

September 9, 2020
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23.11.2020

Official Journal of the European Union

C 399/26

(Case T-146/18) (*)

(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 399/37)

Language of the case: French

Parties

Applicants: BPCE (Paris, France) and the 36 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/2017-9695005MSX1OYEMGDF46/338 of 19 December 2017, and, second, of ECB Decision ECB-SSM-2019-FRBPC-22 of 14 February 2019.

Operative part of the judgment

The Court:

1.Annuls paragraph 4 of Decision ECB/SSM/2017-9695005MSX1OYEMGDF46/338 of the European Central Bank (ECB) of 19 December 2017 and paragraphs 3.4 to 3.7 of Decision ECB-SSM-2019-FRBPC 22 of the ECB of 14 February 2019;

2.Orders the ECB to pay the costs.

(*) Language of the case: French.

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