Between Added Value and Untapped Potential: The Boards of Appeal in the Field of EU Financial Regulation
Abstract
This chapter examines the nature of the Boards of Appeal (BoAs) of EU financial agencies and the type of review they offer. It describes the different operation of the Joint Board of Appeal (JBoA) of the European Supervisory Authorities (ESA) and of the Appeal Panel (AP) of the Single Resolution Board (SRB).. The chapter analyses their decisions, which are binding and which follow appeal procedures that need to be exhausted before a procedure may be started before the EU Courts. It provides a comparative analysis of the JBoA and the AP, and assesses their suitability in providing effective and swift remedy to individuals.