April 23
2021
Dolores Utrilla
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25th February 2021
Banking & Finance Institutional law

European Ombudsman finds no maladministration in ECB’s refusal to grant access to confidential documents concerning bank covered under its supervisory role

The European Ombudsman has delivered a decision (in case 1990/2020/MIG) finding no maladministration in the refusal by the European Central Bank (ECB) to provide public access to files concerning one of the banks covered under its supervisory role, given the confidential nature of the documents at issue.

The complainant had submitted a report to the ECB alleging that the bank had breached EU law, and claiming that, given that he had been negatively impacted by the bank’s actions, he should be granted access to the documents.

The Ombudsman recalled that under the ECB’s rules on public access, the ECB must refuse access if disclosing a document would undermine the need to protect information deemed confidential under EU law.

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