In a judgment handed down on Wednesday 20 December, the General Court of the European Union annulled the decision of the Single Resolution Board (SRB), the European authority responsible for resolving large failing banks in the euro area, concerning the amount of ex ante contributions owed by six French banks and one German bank to the Single Resolution Fund (SRF).
Several French banks - Banque Postale (Case T-383/21), Crédit Mutuel (Case T-384/21), BPCE (Case T-385/21), Société...