Landeskreditbank Baden-Württemberg - Förderbank v European Central Bank

European Union – Finance. The General Court of the European Union had correctly dismissed the applicant credit institution's action, seeking annulment of Decision ECB/SSM/15/1 of the European Central Bank (the ECB) of 5 January 2015, taken under arts 6(4) and 24(7) of Council Regulation (EU) No 1024/2013, conferring specific tasks on the ECB concerning policies relating to the prudential supervision of credit institutions. Consequently, the Court of Justice of the European Union dismissed the applicant's appeal, deciding that the arguments relied on by the applicant lacked merit.

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