Banco Cooperativo Español v SRB (Contributions ex ante 2016)

Case T‑499/20 Banco Cooperativo Español, S. A.v Single Resolution Board Judgment of the General Court (Eighth Chamber, Extended Composition) of 30 April 2025( Economic and Monetary Union – Banking union – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Single Resolution Fund (SRF) – Decision of the SRB on the calculation of the 2016 ex ante contributions – Exclusion of certain liabilities from the calculation of the ex ante contributions – Article 5(1)(a), (b) and (f) of Delegated Regulation (EU) 2015/63 – Plea of illegality – Principle of non-retroactivity – Non-contractual liability – Sufficiently serious breach of a rule of law intended to confer rights on individuals – Unjust enrichment )1.      EU institutions – Exercise of powers – Power conferred on the Commission to adopt delegated acts – Scope – Complex assessments and evaluations – Broad discretion – Directive 2014/59 establishing a framework for the recovery and resolution of credit institutions and investment firms – Establishment of the criteria for adjusting ex ante contributions – Judicial review – Limits(Art. 290 TFEU; European Parliament and Council Regulation No 806/2014, recital 41; European Parliament and Council Directive 2014/59, Art. 103(7))(see paragraphs 54-56, 63)2.      Economic and monetary policy – Economic policy – Recovery and resolution of credit institutions and investment firms – Credit institution providing various services to cooperative credit...