Board of Appeal of the ESAs dismisses appeal by Romanian insurer against EIOPA decision

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.