Action brought on 12 April 2022 – Crédit agricole and Others v ECB

(Case T-188/22)

Language of the case: French

Parties

Applicants: Crédit agricole SA (Montrouge, France) and the 63 other applicants (represented by: A. Gosset-Grainville, M. Trabucchi and M. Dalon, lawyers)

Defendant: European Central Bank

Form of order sought

The applicants claim that the Court should:

annul section 1.5 and sections 3.5.1 to 3.5.8 of ECB decision No ECB-SSM-2022-FRCAG-5 of 2 February 2022 (together with its annexes), in so far as it prescribes measures to be taken in relation to irrevocable payment commitments concerning the deposit guarantee schemes or resolution funds;

order the defendant to pay all the costs

adopt, under Articles 88 and 89 of the Rules of Procedure, a measure of organisation of procedure seeking to have the ECB disclose the decisions concerning irrevocable payment commitments taken in respect of other banking institutions for 2021, particularly those relating to the other French banking institutions.

Pleas in law and main arguments

In support of the action, the applicants rely on four pleas in law which are identical or similar to those relied upon in Case T-186/22, BNP Paribas v European Central Bank.

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