The Court of Justice of the European Union has confirmed the legality of Delegated Regulation 2015/63 on the calculation of ex-ante contributions to the Single Resolution Fund (SRF), the financial arm of the resolution component of the Eurozone banking union, in a judgment delivered on Thursday 15 July (Joined Cases C-584 and 621/20 P).
The European Commission and the Single Resolution Board (SRB), the European authority in charge of managing the SRF, are challenging in the Court a...