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The Board Of Appeal Of The European Supervisory Authorities Appoints Its President And Vice-President

Date 07/09/2012

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.