23In this connection, the Court has held that the term ‘place where the harmful event occurred’ may not be construed so extensively as to encompass any place where the adverse consequences of an event, which has already caused damage actually arising elsewhere, can be felt (judgment of 19 September 1995, Marinari, C‑364/93, EU:C:1995:289, paragraph 14; of 10 June 2004, Kronhofer, C‑168/02, EU:C:2004:364, paragraph 19, and of 16 June 2016, Universal Music International Holding, C‑12/15, EU:C:2016:449, paragraph 34) and that such a concept does not refer to the place where the applicant is domiciled and where his assets are concentrated by reason only of the fact that he has suffered financial damage there resulting from the loss of part of his assets which arose and was incurred in another Member State (judgments of 10 June 2004, Kronhofer, C‑168/02, EU:C:2004:364, paragraph 21, and of 16 June 2016, Universal Music International Holding, C‑12/15, EU:C:2016:449, paragraph 35).
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