1. 

Action for annulment – Pleas in law – Infringement of essential procedural requirements – Plea alleging infringement of procedural rules in the review of a decision of the European Central Bank (ECB) to withdraw the authorisation of a credit institution – Administrative procedure which might have led to a different result in the absence of that irregularity – Absence

(Art. 263 TFEU; Council Regulation No 1024/2013, Art. 4(1)(a); European Parliament and Council Directive 2013/36, Art. 18)

(see paragraphs 48-50)

2. 

Economic and monetary policy – Economic policy – Supervision of the EU financial sector – Single supervisory mechanism – Prudential supervision of credit institutions – Withdrawal of the authorisation of a credit institution on the ground of infringement of national legislation on combatting money laundering and the financing of terrorism – Exclusive competence of the European Central Bank (ECB) – Legal assessment of the facts that constitute the infringements found by the national authorities – Included

(Council Regulation No 1024/2013, recital 28 and Arts 4(1)(a) and 14(5); European Parliament and Council Directives 2005/60 and 2013/36, Arts 18(f) and 67(1))

(see paragraphs 96-99, 140, 141)

3. 

Action for annulment – Interest in bringing proceedings – Interest to be assessed at the time at which an action is brought – Action brought against a decision of the European Central Bank (ECB) withdrawing a credit institution’s authorisation – Decision repealed and replaced by a decision with identical content taken in the context of the review procedure – Action capable of securing a benefit for the applicant – Absence

(Art. 263 TFEU; Council Regulation No 1024/2013, Art. 24)

(see paragraphs 159, 160, 168)

1. 

Dismisses the appeal;

2. 

Orders Versobank AS to bear its own costs and to pay those incurred by the European Central Bank (ECB);

3. 

Orders the European Commission to bear its own costs.