Judgment_paragraph 194 · Hypo Vorarlberg Bank AG, foremerly Vorarlberger Landes- und Hypothekenbank AG v Single Resolution Board (T-377/16, T-645/16, T-809/16)

194Nevertheless, it must be stated, first, that those interim decisions determine elements of the calculation procedure, as well as the actual calculation of contributions. Second, those interim decisions not only implement, but also, as far as some of them are concerned, supplement the applicable legislation. Since those interim decisions were not published or otherwise made known to the institutions, the SRB’s argument that the statement of reasons for the first contested decision was sufficient on the ground that Regulation No 806/2014, Delegated Regulation 2015/63, Implementing Regulation 2015/81 and Directive 2014/59 set out in detail the method to be applied to calculate ex ante contributions (see paragraph 167 above) cannot, in any event, succeed.

Hypo Vorarlberg Bank AG, foremerly Vorarlberger Landes- und Hypothekenbank AG v Single Resolution Board (T-377/16, T-645/16, T-809/16)

History · 1 version

Key facts

Connections