Judgment_paragraph 190 · Araceli García Fernández and Others v European Commission and Single Resolution Board (C-541/22 P)

190Taking those circumstances into account would also be incompatible with the objectives of the SRM Regulation, which seeks, as is apparent in particular from recital 58 thereof, to maintain financial stability, to ensure the continuity of essential financial services and to protect depositors. Any circumstances which may have caused the failure of the bank concerned cannot prevent the SRB from adopting a resolution action, when all the conditions laid down in the first subparagraph of Article 18(1) of that regulation are met, in that that bank is failing, there are no alternative solutions and, in particular, resolution is necessary in the public interest.

Araceli García Fernández and Others v European Commission and Single Resolution Board (C-541/22 P)

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