EU Cases or Jurisprudence

The selection of cases within the section “Banking Union and Union Courts” is a kind contribution of Prof. René Smits, Professor of the Law of Economic and Monetary Union at the University of Amsterdam, and Federico Della Negra.

1. Actions for annulment against ECB supervisory decisions

No.Case
1.Case T-122/15, Landeskreditbank Baden-Württemberg – Förderbank v ECB, [challenging qualification as a significant bank under the SSM; post-ABoR proceedings] Judgment of 16 May 2017; ECLI:EU:T:2017:337.
2.Case T-712/15, Crédit Mutuel Arkéa v ECB, pending
[challenging an ECB SREP decision of 5 October 2015 – issue: ECB competence (“conditions permitting consolidated supervision at the level of Crédit Mutuel as a whole have not been met”) and the governance structure of the group]
3.Case T-52/16, Crédit Mutuel Arkéa v ECB, pending
[challenging an ECB SREP decision of 4 December 2015 – issue: ECB competence and the governance structure of the group; pleas essentially identical or similar to those in case T- 712/15]
Hearing scheduled on 6 June 2017
4.Case T-22/16, Comprojecto-Projectos e Construções and Others v ECB
[complaint against lack of action against Banco de Portugal’s handling of supervision and alleged illegal conduct in respect of IC Millennium/BCP Bank in Portugal]
Order of 9 March 2017 rejecting the claim as inadmissible; ECLI:EU:T:2017:172.
5.Case T-133/16, Caisse régionale de crédit agricole mutuel Alpes Provence v ECB, pending [alleged misconstruction of Article 13 CRD IV (Effective direction of the business and place of the head office) and of Articles L511-13 (four eyes principle) and L 511-52 (sufficient time allocation requirement for directors of a credit institution) of the French Code monétaire et financier; infringement of Articles 13 and 88 (Governance arrangements) CRD IV, and of Article L 511-58 of the French Code monétaire et financier (on the cumulative functions of the Chair and the CEO) in an ECB decision of 29 January 2016]
6.Case T-134/16, Caisse régionale de crédit agricole mutuel Nord Midi-Pyrénées v ECB, pending
[issues as in Case T-133/16]
7.Case T-135/16, Caisse régionale de crédit agricole mutuel Charente-Maritime Deux-Sèvres v ECB, pending
[issues as in Case T-133/16]
8.Case T-136/16, Caisse régionale de crédit agricole mutuel Brie Picardie v ECB, pending [issues as in Case T-133/16]
9.Case T-247/16, Trasta Komercbanka and others v ECB, pending [for issues, see subsequent case]
10.Case T-698/16 , Trasta Komercbanka and others v ECB, pending
[in each case, six pleas against withdrawal of license from a Latvian bank alleging, inter alia, that the ECB violated Article 24 SSM Regulation in connection with ABoR’s review of an earlier decision, relied on inaccurate documents submitted by the Latvian supervisory authority and violated the principles of proportionality (alternative measures allegedly available), equal treatment, legitimate expectations and legal certainty, committed détournement de pouvoir, violated procedural rules relating to the withdrawal of an authorisation (Article 83 SSM Framework Regulation), and violated its independence (recital 19 of the preamble and Article 19 SSM Regulation). See, also, winding-up measure announced pursuant to Directive 2001/24/EC in the Official Journal, C 123/2, 7 April 2016.]
11.Case T-758/16, Crédit Agricole v ECB, pending
[challenging ECB decision of 24 August 2016 dismissing the application for authorisation to exclude public-sector exposures from the calculation of the leverage ratio; alleged incorrect assessment of prudential risk associated with regulated savings: Livret A, deposits with the Caisse des Dépôts et Consignations (CDC); incorrect application of CRR, rendering Article 429(14) CRR1 ineffective]
12.Case T-768/16, BNP Paribas v ECB, pending [issues as in Case T-758/16]
13.Case T-757/16, Société générale v ECB, pending [issues as in Case T-758/16]
14.Case T-751/16, Confédération Nationale du Crédit Mutuel v ECB, pending [issues as in Case T-758/16]
15.Case T-745/16, BPCE v ECB, pending [issues as in Case T-758/16]
16.Case T-733/16, Banque Postale v ECB, pending [issues as in Case T-758/16]
17.Case T-913/16, Fininvest and Berlusconi v ECB, pending [request for annulment of ECB Decision of 25 October 2016 under Articles 22 and 23 CRD IV and Italian banking law rejecting the acquisition by Finanziaria d’investimento Fininvest S.p.A. of a qualifying holding in Banca Mediolanum because of tax fraud conviction]
18.Case T-321/17, Niemelä e a. v ECB, pending [no information on Curia website]

2. Preliminary ruling proceedings on EU Banking Law (CRR, CRDIV and SSM Regulation)

No.Case
1.Case C-52/17, VTB Bank (Austria) AG v Österreichische Finanzmarktaufsicht), pending [reference from Bundesverwaltungsgericht (Federal Administrative Court) concerning the CRR and the initiation of a supervisory procedure: is a national provision levying interest on excess of large exposures beyond Article 395 CRR’s Large Exposures Limit compatible with EU law? // when is there a “formally initiated supervisory procedure?” (Article 48 SSM Framework Regulation: competence change ECB/NCA)]
2.Case C-219/17, Berlusconi and Fininvest, pending
[reference from the Consiglio di Stato (Italian Supreme Administrative Court) asking whether (i) challenges for judicial review of an NCA’s draft proposal to the ECB in a qualifying holding procedure (Article 22 CRD IV; 15 SSM Regulation) are within the competence of national or EU courts; (ii) whether the CJEU is competent when the applicant claims the nullity of these acts for the infringement of res iudicata.]