Subject of the case
Operative part
Subject of the case
Re:
Failure of a Member State to fulfil obligations – Failure to transpose Commission Directive 2006/73/EC of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that directive (OJ 2006 L 241, p. 26).
Operative part
Operative part
The Court:
1. Declares that, by failing to adopt all such laws, regulations and administrative provisions necessary to comply with Commission Directive 2006/73/EC of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that directive, the Czech Republic has failed to fulfil its obligations under Article 53(1) of that directive;
2. Orders the Czech Republic to pay the costs.