January 23
2022
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26th July 2021
Banking & Finance

Analysis: “Court of Justice rules on authentication and statement of reasons for SRB decisions on ex ante SRF contributions and legality of Delegated Regulation 2015/63” by Laura Wissink

After two years of consecutive judicial procedures about the Single Resolution Board’s decision-making process on the calculation of the ex ante contributions to the Single Resolution Fund (SRF), the Court of Justice had the opportunity to rule on this matter in case Commission v Landesbank Baden-Württemberg and SRB and case SRB v Landesbank Baden-Württemberg (Joined cases C-584/20 P and C-621/20 P). Its Grand Chamber set aside the General Court’s judgment in T-411/17 (see this Analysis for more on that), but annulled the SRB decision on ex ante contributions to the SRF insofar as it concerns Landesbank Baden-Württemberg (‘the decision’) on different grounds (see this News Alert).

First, the Court of Justice ruled that the General

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