This document is an excerpt from the EUR-Lex website
Document 62022TA0182
Case T-182/22: Judgment of the General Court of 5 June 2024 – Deutsche Bank and Others v ECB (Economic and monetary policy – Prudential supervision of credit institutions – Specific supervisory tasks conferred on the ECB – Setting of prudential requirements – Irrevocable payment commitments – Action for annulment – No interest in bringing proceedings – Partial inadmissibility – Manifest error of assessment – Proportionality)
Case T-182/22: Judgment of the General Court of 5 June 2024 – Deutsche Bank and Others v ECB (Economic and monetary policy – Prudential supervision of credit institutions – Specific supervisory tasks conferred on the ECB – Setting of prudential requirements – Irrevocable payment commitments – Action for annulment – No interest in bringing proceedings – Partial inadmissibility – Manifest error of assessment – Proportionality)
Case T-182/22: Judgment of the General Court of 5 June 2024 – Deutsche Bank and Others v ECB (Economic and monetary policy – Prudential supervision of credit institutions – Specific supervisory tasks conferred on the ECB – Setting of prudential requirements – Irrevocable payment commitments – Action for annulment – No interest in bringing proceedings – Partial inadmissibility – Manifest error of assessment – Proportionality)
OJ C, C/2024/4461, 22.7.2024, ELI: http://data.europa.eu/eli/C/2024/4461/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/2024/4461 |
22.7.2024 |
Judgment of the General Court of 5 June 2024 – Deutsche Bank and Others v ECB
(Case T-182/22) (1)
(Economic and monetary policy - Prudential supervision of credit institutions - Specific supervisory tasks conferred on the ECB - Setting of prudential requirements - Irrevocable payment commitments - Action for annulment - No interest in bringing proceedings - Partial inadmissibility - Manifest error of assessment - Proportionality)
(C/2024/4461)
Language of the case: English
Parties
Applicants: Deutsche Bank AG (Frankfurt am Main, Germany), BHW Bausparkasse AG (Hamelin, Germany), norisbank GmbH (Bonn, Germany) (represented by: H. Berger and M. Weber, lawyers)
Defendant: European Central Bank (represented by: K. Lackhoff, M. Prokop and F. Bonnard, acting as Agents)
Re:
By their action based on Article 263 TFEU, first, the applicants seek the partial annulment of Decision ECB-SSM-2022-DEDEB-6 of the European Central Bank (ECB) of 2 February 2022 establishing prudential requirements, including Annexes I and II thereto, with regard to the requirements imposed on them, and, second, Deutsche Bank and BHW Bausparkasse seek the partial annulment of Decision ECB-SSM-2022-DEDEB-44 of the ECB of 21 December 2022 establishing prudential requirements, including Annexes I and II thereto, with regard to the requirements imposed on them.
Operative part of the judgment
The Court:
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1. |
Dismisses as inadmissible the action brought by Deutsche Bank AG seeking the annulment of the measures imposed on an individual basis under paragraph 1.3 of Decision ECB-SSM-2022-DEDEB-6 of the European Central Bank (ECB) of 2 February 2022; |
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2. |
Dismisses as inadmissible the action brought by norisbank GmbH seeking the annulment of the measures imposed on an individual basis under paragraph 1.3 of Decision ECB-SSM-2022-DEDEB-6 of the ECB of 2 February 2022; |
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3. |
Dismisses the action as unfounded as to the remainder; |
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4. |
Orders Deutsche Bank, BHW Bausparkasse AG and norisbank to pay the costs. |
ELI: http://data.europa.eu/eli/C/2024/4461/oj
ISSN 1977-091X (electronic edition)