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Europe Daily Bulletin No. 13476

6 September 2024
Contents Publication in full By article 21 / 28
COURT OF JUSTICE OF THE EU / Banks
Banco Espírito Santo resolution, EU Court of Justice clarifies cross-border application of banking reorganisation rules
Brussels, 05/09/2024 (Agence Europe)

Failure to publish measures relating to the resolution of a failing European bank does not invalidate those measures or render their effects unenforceable in another Member State of the European Union, ruled the EU Court of Justice in a judgment delivered on Thursday 5 September (joined cases C-498/22, C-499/22, C-500/22).

The case concerns the resolution in 2014 of the Portuguese bank Banco Espírito Santo (BES), which resulted in, among other things, the transfer of assets, liabilities...

Contents

EXTERNAL ACTION
SECTORAL POLICIES
SOCIAL AFFAIRS - EMPLOYMENT
ECONOMY - FINANCE - BUSINESS
SECURITY - DEFENCE - SPACE
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS