The Principle of Institutional (Un)Balance after Lisbon

Case C-270/12 United Kingdom of Great Britain and Northern Ireland v European Parliament and Council of the European Union, Judgment of the Court (Grand Chamber) of 22 January 2014

On 22 January 2014, the Grand Chamber of the Court of Justice confirmed the validity of the powers entrusted to the European Securities Markets Agency under Article 28 of Regulation (EU) No 236/2012, upholding their compatibility with the principle of institutional balance, the Lisbon Treaty and established case law of the CJEU.

This case note gives an overview of the ruling and analyses its implications for ESMA and the broader Union institutional setting, with particular regard to the interplay between EU Institutions and agencies. It concludes by highlighting some reasons for potential constitutional concerns resulting from the combination of politically unchecked agencies and highly controlled Institutions.



Copyright: © Lexxion Verlagsgesellschaft mbH
Quelle: Issue 02/2014 (Juni 2014)
Seiten: 0
Preis inkl. MwSt.: € 41,65
Autor: Simone Gabbi

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