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Regulation (EU) 2017/1129 of the European Parliament and of the CouncilShow full title
Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (Text with EEA relevance)
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Article 40Right of appeal
Member States shall ensure that decisions taken under this Regulation are properly reasoned and subject to a right of appeal before a tribunal.
For the purposes of Article 20, a right of appeal shall also apply where the competent authority has neither taken a decision to approve or to refuse an application for approval nor has made any request for changes or supplementary information within the time limits set out in Article 20(2), (3) and (6) in respect of that application.
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