Anisimoviena and Others: ECJ 22 Mar 2018

Deposit-Guarantee and Investor-Compensation Schemes – Judgment – References for a preliminary ruling – Deposit-guarantee and investor-compensation schemes – Directive 94/19/EC – Article 1(1) – Deposits – Temporary situations deriving from normal banking transactions – Directive 97/9/EC – Second subparagraph of Article 2(2) – Money owed to or belonging to an investor and held on his behalf by an investment firm in connection with investment business – Credit institution which issues transferable securities – Funds transferred by individuals to that institution in respect of subscription to future transferable securities – Application of Directive 2004/39/EC – Insolvency of that institution before the transferable securities in question are issued – Public undertaking entrusted with the deposit-guarantee and investor-compensation schemes – Ability to rely on Directives 94/19/EC and 97/9/EC against that undertaking

Citations:

ECLI:EU:C:2018:209, [2018] EUECJ C-688/15

Links:

Bailii

Jurisdiction:

European

Financial Services

Updated: 07 April 2022; Ref: scu.608596