15.2.2016 |
EN |
Official Journal of the European Union |
C 59/33 |
Action brought on 3 December 2015 — Crédit Mutuel Arkéa v ECB
(Case T-712/15)
(2016/C 059/38)
Language of the case: French
Parties
Applicant: Crédit Mutuel Arkéa (Le Relecq-Kerhuon, France) (represented by: H. Savoie, lawyer)
Defendant: European Central Bank (ECB)
Form of order sought
The applicant claims that the Court should annul the European Central Bank decision of 5 October 2015 (ECB/SSM/2015 — 9695000CG7B8NLR5984/28) setting out the prudential requirements for Groupe Crédit Mutuel.
Pleas in law and main arguments
In support of the action, the applicant relies on three pleas in law.
1. |
First plea in law, alleging that the decision of the European Central Bank of 5 October 2015 (‘the decision’) is unlawful on the grounds that it infringes the provisions of EU law restricting the ECB’s competence in matters of prudential supervision to credit institutions only. The plea is divided into four parts.
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2. |
Second plea in law, alleging that the decision should also be annulled on the ground that it unlawfully finds that Crédit Mutuel as a whole is a group within the meaning of the European provisions on prudential supervision. The plea is divided into three parts:
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3. |
Third plea in law, alleging that the decision should also be annulled inasmuch as it unlawfully increases from 8 % to 11 % the requirement of common equity tier 1 capital applicable to the Crédit Mutuel Arkéa group. The plea is divided into two parts:
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