Work

The Butterfly Effect: Re-examining the Limits of ESAs’ Discretion

Year: 2025

Type: article

Abstract: 697 Abstract This article argues that despite the long-standing Meroni doctrine, there is no obstacle to the development of CJEU caselaw in terms of limiting this doctrine based on proportionality and the aims and objectives of agencies’ mandates. This commentary argues for greater uniformity between institutions and agencies in the exercise of direct supervisory powers, such as sanctioning. Finally, it considers the impact to centralisation which may result from the blurring of the distinction between institutions and agencies.

Source: European Company and Financial Law Review

DOI: 10.1515/ecfr-2025-0027

Author: Irofili Pechlivanidi

Institution: University of Zurich

Language: English

Topic: EU Law and Policy Analysis

Subfield: Law

Field: Social Sciences

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: hybrid

Estimated APC paid: $2,712