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Key facts of the case:
 
(Supervision of credit institutions and investment firms – Action for annulment – Directive 2013/36/EU – Articles 94(1)(g) and 94(2) and Article 162(1) and (3) – Setting of ratios between the fixed and variable components of the remuneration payable to employees of credit institutions and investment firms whose professional activities have a material impact on the institution’s risk profile – Regulation 575/2013 – Articles 450(1)(d)(i) and (j) and 521(2) – Disclosure of certain information appertaining to remuneration – Choice of legal basis – Principles of proportionality, subsidiarity and legal certainty – Ultra vires – Protection of personal data – Customary international law – Extra-territorial effect of Article 94(1)(g) of Directive 2013/36/EU)
 
Results (sanctions) and key consequences of the case:
 
125. Since, according to my proposed solution, the United Kingdom has been unsuccessful and the Council and the European Parliament have applied for costs, the United Kingdom must be ordered to pay the costs in accordance with Article 138(1) of the Rules of Procedure. On the other hand, the Commission, as an intervener, must bear its own costs in accordance with Article 140(1) of the Rules of Procedure.
 
VI –  Conclusion
 
126. In the light of the foregoing observations, I propose that the Court should dismiss the action, order the European Commission to bear its own costs, and order that the United Kingdom of Great Britain and Northern Ireland pay the costs of the Council and European Parliament.