Judgment_paragraph 45 · United Kingdom of Great Britain and Northern Ireland v European Parliament and Council of the European Union (C-270/12)

45Next, it should be noted that, unlike the case of the powers delegated to the bodies concerned in Meroni v High Authority, the exercise of the powers under Article 28 of Regulation No 236/2012 is circumscribed by various conditions and criteria which limit ESMA’s discretion.