When the Member States establish a stability mechanism such as the ESM, where the TEU and TFEU do not confer any specific competence on the EU to establish such a mechanism, the Member States are not implementing EU law, and accordingly the Charter of Fundamental Rights of the EU, which guarantees that everyone has the right to effective judicial protection, is not applicable.
Asutades niisuguse stabiilsusmehhanismi nagu ESM, mille asutamiseks ELL ega ELTL ei anna liidule eripädevust, ei kohalda liikmesriigid liidu õigust, nii et liidu põhiõiguste harta, mis tagab igaühele tõhusa kohtuliku kaitse, ei kuulu kohaldamisele.