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
Watch SRB Chair’s interview from 29 April 2024 with Bulgarian national television (in Bulgarian), as part of his country visit to Bulgaria.
On 13 February 2024, the Single Resolution Board (SRB) held its annual conference: “The Road Ahead: Risk, Readiness, and Resilience.” The event...
🎙 European Commission PODCAST - The one about the Single Resolution Board (SRB) 🎧
EU Finance Podcast host Aidas Palubinskas and Dominique Laboureix -...
Related news and press releases
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...
Today, the Single Resolution Board (SRB) announced the amount of contributions made by banks to the Single Resolution Fund (SRF) for 2021. All banks...