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Sberbank Europe loses EU court fight over Single Resolution Board's moratorium

( November 26, 2025, 10:12 GMT | Official Statement) -- MLex Summary: MeSoFa Vermögensverwaltungs, formerly Sberbank Europe, lost its legal challenge at the EU General Court against the Single Resolution Board over the 2022 moratorium that froze Sberbank Croatia’s payment and delivery obligations. The lender argued that the SRB exceeded its powers when imposing the moratorium and that the subsequent resolution decisions endorsed by the European Commission should be annulled. EU judges rejected the claims, finding the SRB acted lawfully and within its mandate amid the bank’s rapid liquidity collapse after Russia’s invasion of Ukraine.Judgments attached. Case references are T-523/22 and T-524/22. ...

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