CASE COMMENTS: REGULATIONS – FRANCE - FINANCIAL MARKETS – BANKING SUPERVISION

Financial markets: The French Administrative Supreme Court refers questions to the Court of justice of the European Union for a preliminary ruling regarding the validity of European Banking Authority’s orientations (Fédération bancaire française)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In a judgment handed down on 4 December 2019, the Conseil d'État ruled that an action for misuse of powers brought by the Fédération Bancaire Française (FBF) against an opinion of the Autorité de Contrôle Prudentiel et de Résolution (ACPR) of 8 September 2017 on 'Implementation of the European Banking Authority's guidelines on the governance and supervision of retail banking products', in which the FBF declared that it complied with the guidelines issued by the European Banking Authority (EBA) on 22 March 2016, was admissible. The Conseil d'État then stayed proceedings and referred a question to the Court of Justice for a preliminary ruling on whether a plea of

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Authors

  • University Paris II Panthéon‑Assas
  • University Paris II Panthéon‑Assas

Quotation

Francesco Martucci, Anne Orgonasi, Financial markets: The French Administrative Supreme Court refers questions to the Court of justice of the European Union for a preliminary ruling regarding the validity of European Banking Authority’s orientations (Fédération bancaire française), 4 December 2019, Concurrences N° 1-2020, Art. N° 93405, pp. 168-180

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