The Joint Board of Appeal of the European Supervisory Authorities (EBA, EIOPA and ESMA) has dismissed an appeal brought by an individual against the European Banking Authority (EBA), ruling it inadmissible. The decision, issued on 16 July 2026, stems from a complaint regarding the closure of a bank account by a credit institution and the handling of the matter by the Finnish National Competent Authority (FIN-FSA). The appellant had asked the EBA to investigate a possible breach of Union law by FIN-FSA, but the EBA decided against initiating an investigation. The Board of Appeal concluded that, under established EU case law, the decision to initiate an investigation is at the EBA's discretion, and a decision not to open such an investigation is not subject to review by the Board. The Board also found no distinguishing circumstances that would justify a different conclusion. The Joint Board of Appeal is a joint body of the three European Supervisory Authorities, composed of independent members, and reviews appeals against certain decisions taken by the EBA, ESMA, and EIOPA.
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