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EFTA Surveillance Authority v Iceland was … EFTA Surveillance Authority v Iceland was a case brought before the EFTA Court by the European Free Trade Association Surveillance Authority against Iceland following the Icesave dispute. Following the final result of the 2011 Icelandic loan guarantee referendum, the European Free Trade Association Surveillance Authority (ESA) lodged a formal application with the EFTA Court. The case was opened on 15 December 2011, and has received defence and written observations from the governments of Iceland, UK, Netherlands, Norway and Liechtenstein as well as the EFTA Surveillance Authority and the European Commission. The oral hearing in the case took place on 18 September 2012. The judgment was delivered on 28 January 2013, in Iceland's favour. The court dismissed the application of the EFTA Surveillance Authority and ordered the authority to pay its own costs and the costs incurred by Iceland.n costs and the costs incurred by Iceland.
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https://eftacourt.int/download/16-11-judgment/%3Fwpdmdl=1260 +
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Case E-16/11 [2013] EFTA Ct. Rep. 4
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EFTA Court
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"2013-01-28"^^xsd:date
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Carl Baudenbacher, Páll Hreinsson, Ola Mestad
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EFTA Surveillance Authority, applicant, supported by the European Commission, intervener, v Iceland, defendant
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yes
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Carl Baudenbacher, Páll Hreinsson,
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EFTA Surveillance Authority v Iceland
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III
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Application dismissed in its entirety. The … Application dismissed in its entirety. The Court found that Directive 94/19/EC placed no obligation on EEA States to insure deposits other than to establish a deposit insurance scheme in accordance with the Directive. The Court found that Iceland had established such a scheme and that it did not discriminate on grounds of nationality in the context of the issuance of payments to depositors.of the issuance of payments to depositors.
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EFTA Surveillance Authority v Iceland was … EFTA Surveillance Authority v Iceland was a case brought before the EFTA Court by the European Free Trade Association Surveillance Authority against Iceland following the Icesave dispute. Following the final result of the 2011 Icelandic loan guarantee referendum, the European Free Trade Association Surveillance Authority (ESA) lodged a formal application with the EFTA Court. The case was opened on 15 December 2011, and has received defence and written observations from the governments of Iceland, UK, Netherlands, Norway and Liechtenstein as well as the EFTA Surveillance Authority and the European Commission.nce Authority and the European Commission.
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EFTA Surveillance Authority v Iceland
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