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Europe Daily Bulletin No. 13020

14 September 2022
Contents Publication in full By article 28 / 35
COURT OF JUSTICE OF THE EU / Banks
Court of Justice of EU clarifies limits of a central bank’s liability in event of a bank resolution
Brussels, 13/09/2022 (Agence Europe)

A central bank of a euro area country can be held liable for compensating holders of financial instruments that it has itself removed as part of a bank resolution process, the Court of Justice of the European Union ruled on Tuesday 13 September (Case C-45/21).

Banka Slovenije is of the opinion that the Slovenian ZPSVIKOB legislation, which specifies the rules for providing legal protection to former holders of financial securities removed by the central bank in the resolution of an...

Contents

EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
EXTERNAL ACTION
EU RESPONSE TO COVID-19
COURT OF JUSTICE OF THE EU
NEWS BRIEFS