The Single Resolution Board takes note of the judgment of the European Court of Justice in Joined Cases C-584/20P and C-621/20 P, Commission and SRB v Landesbank Baden-Württemberg.
The Court of Justice finds that the decision of the SRB was indeed authenticated and restores the legality of Commission Delegated Regulation 2015/63, setting aside the General Court’s judgment of 23 September 2020. It annulled the SRB’s decision on the 2017 ex-ante contributions of Landesbank Baden-Württemberg on the basis that the reasoning was inadequate.
The SRB welcomes the legal clarity and guidance provided by the European Court of Justice in its decision. It will now carefully consider the content of the judgment in order to determine the next steps in cooperation with the European Commission and the relevant National Resolution Authorities (NRAs).
Contact our communications team
Recent news
The SRB welcomes the political agreement reached between the European Parliament and EU Member States on the Crisis Management and Deposit Insurance...
- SRB Chair Dominique Laboureix and Latvijas Banka's Governor Mārtiņš Kazāks mark 10 years of banking resolution and financial stability in Europe
- Latvij...
This note is aimed at reporting to the Eurogroup of May 2025 on:
- 1. ex-ante capacity building by the banks
- 2. operationalisation of those capabilities
- 3...
Related news and press releases
- Fund to support bank resolution, paid for by the industry
- Every bank, big or small, operating across the 21-country Banking Union required to pay...
The SRB has announced that it will launch a consultation process on the 2022 ex-ante contributions to the Single Resolution Fund (SRF) on 3 March 2022...
The Single Resolution Board takes note of the judgment of the European Court of Justice in Joined Cases C-584/20P and C-621/20 P, Commission and SRB v...