How long does it take for my cases to be processed?Print
The acting panel sets the date of the hearing within 60 days from the receipt of the complete petition and completes the proceedings within 90 days. The chair of FAB may prolong this deadline on one occasion per case by maximum 30 days at his/her own discretion.
The Financial Arbitration Board holds a procedural recess twice a year, in July and August, as well as in December for a term of 8-15 working days, which term shall not be counted towards the procedural deadlines. The exact duration of the procedural recess is determined by the chairperson of the Financial Arbitration Board and shall be published on the website of the Financial Arbitration Board.