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Norddeutsche Landesbank contesting 2023 Single Resolution Fund contributions at court today

( November 15, 2024, 09:28 GMT | Official Statement) -- MLex Summary: German lender Norddeutsche Landesbank is at the EU's General Court today to challenge the Single Resolution Board over the calculation of the 2023 ex-ante contributions to the bloc's Single Resolution Fund. Norddeutsche Landesbank is among several banks that are challenging SRB's decision on those calculations. For the purposes of today's hearing, the court issued a report with the background of the legal dispute.  The report for the hearing is attached (in German). Case reference is T-476/23. ...

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