TITLE VII

PRUDENTIAL SUPERVISION
CHAPTER 1

Principles of prudential supervision
Section IV

Supervisory powers, powers to impose penalties and right of appeal

Right of appeal
Article 72
Member States shall ensure that decisions and measures taken pursuant to laws, regulations and administrative provisions adopted in accordance with this Directive or to Regulation (EU) No 575/2013 are subject to a right of appeal. Member States shall also ensure that failure to take a decision within six months of submission of an application for authorisation which contains all the information required under the national provisions transposing this Directive, is subject to a right of appeal.