Judgment_paragraph 20 · Banco Cooperativo Español, SA v Single Resolution Board (T-498/19)

20In the application initiating proceedings, the applicant raises two pleas in law, concerning, first, infringement of Articles 12 and 14 of Delegated Regulation 2015/63, in so far as the SRB failed to take account of its participation in an IPS for the purposes of calculating the ex ante contribution for the 2019 contribution period and, second, in the alternative, a plea of illegality in respect of Articles 12 and 14 of Delegated Regulation 2015/63 on the ground of infringement of Article 103(2) and (7) of Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU, and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ 2014 L 173, p. 190).

Banco Cooperativo Español, SA v Single Resolution Board (T-498/19)

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