The actions seeking annulment of the resolution scheme in respect of Banco Popular and/or the Commission decision endorsing that scheme are dismissed in their entirety

(Source: Court of Justice of the European Union)

Banco Popular Español, SA (‘Banco Popular’) was a Spanish credit institution under direct prudential supervision by the European Central Bank (ECB). On 7 June 2017, the Single Resolution Board (SRB) adopted a decision concerning a resolution scheme in respect of Banco Popular (‘the resolution scheme’). On the same day, the European Commission adopted Decision 2017/1246 2 endorsing that scheme.

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