Action brought on 16 October 2017 — European Commission v Kingdom of Spain
(Case C-599/17)
Language of the case: Spanish
Parties
Applicant: European Commission (represented by: J. Rius and T. Scharf, acting as Agents)
Defendant: Kingdom of Spain
Form of order sought
The applicant claims that the Court should:
declare that, by failing to adopt, before 3 July 2016, the laws, regulatory and administrative provisions necessary to comply with Commission Implementing Directive (EU) 2015/2392 of 17 December 2015 on Regulation (EU) No 596/2014 of the European Parliament and of the Council 1 as regards reporting to competent authorities of actual or potential infringements of that Regulation, 2 or, in any event, by failing to notify those provisions to the Commission, the Kingdom of Spain has failed to fulfil its obligations under Article 13(1) of that Directive;
order the Kingdom of Spain to pay the costs.
Pleas in law and main arguments
The period prescribed for the transposition of Commission Implementing Directive (EU) 2015/2392 into national law expired on 3 July 2016.
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1 Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ 2014, L 173, p.1).
2 OJ 2015, L 332, p. 126.