16.06.2014

The Joint Board of Appeal of the European Supervisory Authorities (the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority) has published its decision in an appeal brought by SV Capital OÜ, an Estonian company, against a decision of the European Banking Authority. This is the first ever decision of the Board of Appeal of the ESAs.

The Board of Appeal satisfied the appeal and remitted the case to the European Banking Authority to adopt the appropriate decision in accordance with the finding of the appeal.

To read the Financial Times coverage of the story, please click here (you will be taken to the FT.com website).