Mon. Jan 20th, 2025

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EU Advocate General: FIFA sports arbitration must be open to national court reviews

Sports arbitration: EU Advocate General Tamara Ćapeta proposes that awards by the Court of Arbitration for Sport must be open to full review by national courts to ensure the compatibility of FIFA rules with EU law. According to her, the principle of effective judicial protection precludes national law that limits access to national courts and the review of such awards by those courts.

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EIOPA: Policyholders of insurer NOVIS may face financial losses

NOVIS has been prohibited from conducting new insurance business since June 2023 and can only carry out activities necessary to service existing insurance contracts, i.e. collect premiums, enforce its claims and settle its liabilities. NOVIS is subject only to limited supervision in anticipation of the possible appointment of a liquidator. Due to pending court procedures, it is currently uncertain if and when that decision will be taken by the court.

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