This document is an excerpt from the EUR-Lex website
Document 62018CA0550
Case C-550/18: Judgment of the Court (Grand Chamber) of 16 July 2020 — European Commission v Ireland (Failure of a Member State to fulfil obligations — Article 258 TFEU — Prevention of the use of the financial system for the purposes of money laundering or terrorist financing — Directive (EU) 2015/849 — Failure to transpose and/or to notify transposition measures — Article 260(3) TFEU — Application for an order to pay a lump sum)
Case C-550/18: Judgment of the Court (Grand Chamber) of 16 July 2020 — European Commission v Ireland (Failure of a Member State to fulfil obligations — Article 258 TFEU — Prevention of the use of the financial system for the purposes of money laundering or terrorist financing — Directive (EU) 2015/849 — Failure to transpose and/or to notify transposition measures — Article 260(3) TFEU — Application for an order to pay a lump sum)
Case C-550/18: Judgment of the Court (Grand Chamber) of 16 July 2020 — European Commission v Ireland (Failure of a Member State to fulfil obligations — Article 258 TFEU — Prevention of the use of the financial system for the purposes of money laundering or terrorist financing — Directive (EU) 2015/849 — Failure to transpose and/or to notify transposition measures — Article 260(3) TFEU — Application for an order to pay a lump sum)
OJ C 297, 7.9.2020, p. 6–6
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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7.9.2020 |
EN |
Official Journal of the European Union |
C 297/6 |
Judgment of the Court (Grand Chamber) of 16 July 2020 — European Commission v Ireland
(Case C-550/18) (1)
(Failure of a Member State to fulfil obligations - Article 258 TFEU - Prevention of the use of the financial system for the purposes of money laundering or terrorist financing - Directive (EU) 2015/849 - Failure to transpose and/or to notify transposition measures - Article 260(3) TFEU - Application for an order to pay a lump sum)
(2020/C 297/07)
Language of the case: English
Parties
Applicant: European Commission (represented by: T. Scharf, L. Flynn and G. von Rintelen, Agents)
Defendant: Ireland (represented by: G. Hodge, M. Browne and A. Joyce, Agents, and by P. McGarry, Senior Counsel, and G. Gilmore, Barrister at-Law)
Interveners in support of the defendant: Republic of Estonia (represented by: N. Grünberg, Agent), French Republic (represented by: A.-L. Desjonquères, B. Fodda and J.-L. Carré, Agents)
Operative part of the judgment
The Court:
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1. |
Declares that, by having failed to adopt, on the expiry of the period prescribed in the reasoned opinion of 8 March 2018, all the laws, regulations and administrative provisions necessary to comply with Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC, and, therefore, by having failed to notify those provisions to the European Commission, Ireland has failed to fulfil its obligations under Article 67 of Directive 2015/849; |
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2. |
Orders Ireland to pay the European Commission a lump sum in the amount of EUR 2 000 000; |
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3. |
Orders Ireland to pay the costs; |
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4. |
Orders the Republic of Estonia and the French Republic to bear their own costs. |