The Single Resolution Board took note of the Court of Justice’s dismissal of ABLV’s appeal in case C-602/22 P, with the Grand Chamber confirming that the SRB has the power to adopt non-resolution decisions, including decisions not to resolve failing banks without further endorsement by other European institutions, and that this power is consistent with the SRMR and the Meroni case-law on delegation of powers to EU agencies.
Single Resolution Board 2025-12-12
European Union's Single Resolution Board notes Court of Justice dismissal of ABLV appeal confirming SRB non-resolution decision powers
The Single Resolution Board acknowledged the Court of Justice's dismissal of ABLV's appeal in case C-602/22 P. The Grand Chamber confirmed the SRB's authority to make non-resolution decisions independently, aligning with the Single Resolution Mechanism Regulation and Meroni case-law on EU agency power delegation.