Decision of the Board of Appeal of the European Supervisory Authorities given under Article 60 of Regulation (EU) No 1095/2010 and the Board of Appeal’s Rules of Procedure (BOA 2012 002) : appeal by Investor Protection Europe sprl [Appellant] against European Securities and Markets Authority [Respondent]

The Joint Board of Appeal of the ESAs decides on the inadmissibility of an appeal brought by IPE sprl, a company based in Brussels, against a decision by ESMA. The Joint Board of Appeal of the European Supervisory Authorities published today its decision in an appeal brought by Investor Protection Europe (IPE) sprl, a company based in Brussels, against a decision of the European Securities and Markets Authority (ESMA) of 10 June 2014 not to initiate an investigation under Article 17 of the ESMA Regulation regarding an alleged breach of Union law by the Commission de Surveillance du Secteur Financier of Luxembourg. The Board of Appeal unanimously decided that the appeal was inadmissible, and in the light of that decision, did not consider the substance of IPE’s complaint.