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Board Of Appeal Of The European Supervisory Authorities Dismisses Appeal By Romanian Insurer Against EIOPA Decision

Date 14/08/2015

The Board of Appeal of the European Supervisory Authorities (ESAs) has ruled against an appeal by Onix Asigurari SA, a Romanian insurer, on a decision by the European Insurance and Occupational Pensions Authority (EIOPA).

The EIOPA decision related to a challenge by Onix Asigurari SA against IVASS, the Italian insurance regulator.  The Board of Appeal decided that the appeal was inadmissible, since it was not an appeal against a “decision” of EIOPA such as to give a right of appeal.

BoA 2015-001 Decision