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Document 62022TA0186
Case T-186/22: Judgment of the General Court of 5 June 2024 – BNP Paribas v ECB (Economic and monetary policy – Supervision of credit institutions – Specific supervisory tasks conferred on the ECB – Setting of prudential requirements – Irrevocable payment commitments – Force of res judicata – Misuse of powers – Manifest error of assessment – Principle of sound administration – Proportionality)
Case T-186/22: Judgment of the General Court of 5 June 2024 – BNP Paribas v ECB (Economic and monetary policy – Supervision of credit institutions – Specific supervisory tasks conferred on the ECB – Setting of prudential requirements – Irrevocable payment commitments – Force of res judicata – Misuse of powers – Manifest error of assessment – Principle of sound administration – Proportionality)
Case T-186/22: Judgment of the General Court of 5 June 2024 – BNP Paribas v ECB (Economic and monetary policy – Supervision of credit institutions – Specific supervisory tasks conferred on the ECB – Setting of prudential requirements – Irrevocable payment commitments – Force of res judicata – Misuse of powers – Manifest error of assessment – Principle of sound administration – Proportionality)
OJ C, C/2024/4462, 22.7.2024, ELI: http://data.europa.eu/eli/C/2024/4462/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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Official Journal |
EN C series |
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C/2024/4462 |
22.7.2024 |
Judgment of the General Court of 5 June 2024 – BNP Paribas v ECB
(Case T-186/22) (1)
(Economic and monetary policy - Supervision of credit institutions - Specific supervisory tasks conferred on the ECB - Setting of prudential requirements - Irrevocable payment commitments - Force of res judicata - Misuse of powers - Manifest error of assessment - Principle of sound administration - Proportionality)
(C/2024/4462)
Language of the case: French
Parties
Applicant: BNP Paribas (Paris, France) (represented by: A. Gosset-Grainville and M. Trabucchi, lawyers)
Defendant: European Central Bank (represented by: E. Yoo, D. Segoin and F. Bonnard, Agents)
Re:
By its action based on Article 263 TFEU, the applicant seeks annulment, first, of point 1.10 and points 3.10.1 to 3.10.8 of Decision ECB-SSM-2022-FRBNP-7 of the European Central Bank (ECB) of 2 February 2022, including the annexes thereto, in so far as it prescribes measures to be taken in relation to the irrevocable payment commitments (‘the IPCs’) concerning deposit guarantee schemes or resolution funds, and, second, point 1.10 and points 3.9.1 to 3.9.8 of Decision ECB-SSM-2022-FRBNP-86 of the ECB of 21 December 2022, including the annexes thereto, in so far as it prescribes measures to be taken in relation to the IPCs concerning deposit guarantee schemes or resolution funds.
Operative part of the judgment
The Court:
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1. |
Dismisses the action; |
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2. |
Orders BNP Paribas to pay the costs. |
ELI: http://data.europa.eu/eli/C/2024/4462/oj
ISSN 1977-091X (electronic edition)