Notices for publication in the OJ nº T-741/18 of Tribunal General de la Unión Europea, March 01, 2019

• Resolution Date: March 01, 2019
• Issuing Organization: Tribunal General de la Unión Europea
• Decision Number: T-741/18

Action brought on 18 December 2018 - ZZ v ECB

(Case T-741/18)

Language of the case: English

Parties

Applicant: ZZ (represented by: M. Demetriou, QC, D. Piccinin, Barrister, E. Poulton, L. Carlisle, and R. Molesworth, Solicitors)

Defendant: European Central Bank (ECB)

Form of order sought

The applicant claims that the Court should:

annul the ECB’s decision of 10 October 2018 regarding the proposed acquisition by the applicant of a qualifying holding in Bank A (ECB-SSM-2018-LV-2);

order the defendant to pay the costs.

Pleas in law and main arguments

In support of the action, the applicant relies on two pleas in law.

First plea in law, alleging failure to show that the applicant lacked transparency in his dealings with the competent authorities.

The applicant contends that the evidence relied on by the ECB in the contested decision does not establish and provides no proper basis for the ECB’s finding that the applicant was not transparent such that his integrity could be called into question.

Second plea in law, alleging an error...