Judgment of the General Court (Seventh Chamber) of 18 June 2025.#MeSoFa Vermögensverwaltungs AG, anciennement Sber Vermögensverwaltungs AG, anciennement Sberbank Europe AG v Single Resolution Board.#Economic and monetary union – Banking Union – Single Resolution Mechanism for credit institutions and certain investment firms (SRM) – Resolution procedure applicable where an entity is failing or is likely to fail – Decision of the SRB not to adopt a resolution scheme – Action for annulment – Interest in bringing proceedings – Admissibility – Article 18 of Regulation (EU) No 806/2014 – Competence of the author of the act – Right to be heard – Obligation to state reasons.#Case T-450/22.