The Board of Appeal of the ESAs appoints its President and Vice-President
The Board of Appeal of the European Supervisory Authorities (ESAs) has appointed William Blair, High Court Judge, Queen's Bench Division, as its President and Juan Fernández-Armesto, Arbitrator, formerly Chairman of the Spanish Securities and Exchange Commission, as its Vice-President.The term of office of the President, Vice-President and other members of the Board of Appeal is 5 years with the possibility to be extended once.
The Board of Appeal is responsible for deciding on certain decisions of the three ESAs namely the European Banking Authority (EBA), the European Insurance Occupational and Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA), relative to, for example, breach of Union Law, or settlement of disagreement between competent authorities in cross-border situations.
More information on the Board of Appeal
The Board of Appeal is responsible for deciding on certain decisions of the three ESAs namely the European Banking Authority (EBA), the European Insurance Occupational and Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA), relative to, for example, breach of Union Law, or settlement of disagreement between competent authorities in cross-border situations.
More information on the Board of Appeal
The European Banking Authority was established by Regulation (EC) No. 1093/2010 of the European Parliament and of the Council of 24 November 2010. The EBA has officially come into being as of 1 January 2011 and has taken over all existing and ongoing tasks and responsibilities from the Committee of European Banking Supervisors (CEBS). The EBA acts as a hub and spoke network of EU and national bodies safeguarding public values such as the stability of the financial system, the transparency of markets and financial products and the protection of depositors and investors.
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