Opinion of Advocate General Spielmann delivered on 8 September 2026

Provisional text

OPINION OF ADVOCATE GENERAL

SPIELMANN

delivered on 8 September 2026 ( 1 )

Cases C ‑ 454/24 P and C ‑ 705/24 P

Single Resolution Board

v

Dexia SA (C ‑ 454/24 P)

and

Single Resolution Board

v

BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG (C ‑ 705/24 P)

( Appeal – Economic and monetary union – Banking union – Single resolution mechanism of credit institutions and certain investment firms – Single Resolution Fund – Decisions on the calculation of the ex ante contributions for the 2022 and 2023 contribution periods – Article 69(1) of Regulation (EU) No 806/2014 – Obligation to reach the target level – Article 70(2) of Regulation No 806/2014 – Cap of 12.5% of the target level – Second paragraph of Article 264 TFEU – Limitations of the temporal effects of an annulment )

1 Original language: French.