( September 8, 2026, 07:51 GMT | Official Statement) -- MLex Summary: The Single Resolution Board, the EU’s bank-resolution authority, unlawfully calculated levies imposed on banks to finance the Single Resolution Fund, a non-binding court opinion in several legal challenges involving lenders said. Advocate General Dean Spielmann said the SRB couldn’t exceed a mandatory 12.5 percent annual cap despite difficulties reaching the fund’s overall target, and found that the Council of the EU, the body representing member states, exceeded its implementing powers in setting the methodology for calculating individual contributions. Press release (in English) and opinions (in French) attached. Case references are: C-454/24, C-529/24, C-536/24, C-537/24, C-585/24, and C-705/24....
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