Judgment of the General Court (Second Chamber, extended composition) of 13 July 2018.#Société Générale v European Central Bank.#Economic and monetary policy – ​​Prudential supervision of credit institutions – Article 4(1)(d) and (3) of Regulation (EU) No 1024/2013 – Calculation of the leverage ratio – Refusal of the ECB to authorize the applicant to exclude from the calculation of the leverage ratio exposures meeting certain conditions – Article 429(14) of Regulation (EU) No 575/2013 – Discretionary power of the ECB – Errors of law – Manifest error of assessment.#Case T-757/16.

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Official record CELEX 62016TJ0757 from European Union at Court of Justice of the European Union. Dated 13 July 2018. Status: decided.

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• Arrêt du Tribunal (deuxième chambre élargie) du 13 juillet 2018.#Société générale contre Banque centrale européenne.#Politique économique et monétaire – Surveillance prudentielle des établissements de crédit – Article 4, paragraphe 1, sous d), et paragraphe 3, du règlement (UE) no 1024/2013 – Calcul du ratio de levier – Refus de la BCE d’autoriser la partie requérante à exclure du calcul du ratio de levier les expositions remplissant certaines conditions – Article 429, paragraphe 14, du règlement (UE) no 575/2013 – Pouvoir discrétionnaire de la BCE – Erreurs de droit – Erreur manifeste d’appréciation.#Affaire T-757/16.

  judgment · FR · 13 July 2018

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