Judgment of the General Court (Ninth Chamber, Extended Composition) of 6 October 2021
Ukrselhosprom PCF LLC and Versobank AS v European Central Bank
Economic and monetary policy – Prudential supervision of credit institutions – Specific supervisory tasks assigned to the ECB – Decision to withdraw a credit institution’s authorisation – Breach of legislation on combating money laundering and the financing of terrorism – Admissibility – Powers of the national competent authorities (NCAs) of participating Member States and of the ECB under the Single Supervisory Mechanism (SSM) – Equal treatment – Proportionality – Protection of legitimate expectations – Legal certainty – Misuse of powers – Rights of the defence – Obligation to state reasons
Cases T-351/18 and T-584/18
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published in the electronic Reports of Cases (Court Reports - general)
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Judgment
ECLI:EU:T:2021:669 |
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