What did the ESMA judgment (2014) decide, and how did it change Meroni?

Tap to reveal answer

Answer

It upheld ESMA's short-selling intervention powers, refining Meroni: discretion IS permissible if clearly defined, based on objective criteria, time-limited, and judicially reviewable.

💡

Case: United Kingdom v Parliament and Council, on Regulation 236/2012 (short selling). A doctrinal evolution, not a rupture.

CJEU case law (curia.europa.eu) & EUR-Lex

Listen to this card (beta)

Learn more

Institutional balance Limits on delegation

View all flashcards

We use essential cookies to run the site. With your permission, we also use analytics and personalized advertising. Advertising consent allows us to share hashed contact details and location details with Google to match trial and lifetime conversions. Read our Privacy Policy.

What did the ESMA judgment (2014) decide, and how did it change Meroni?

It upheld ESMA's short-selling intervention powers, refining Meroni: discretion IS permissible if clearly defined, based on objective criteria, time-limited, and judicially reviewable.

Report an issue

Issue reported