The International Ski Federation (FIS) has issued a full apology to Vanessa-Mae following the Court of Arbitration for Sport (CAS) decision to reverse her four-year suspension.
Vanessa-Mae was banned by the FIS for allegedly fixing a Winter Olympic Games qualifying race after doubts emerged over the legitimacy of the event - staged in Krvavec - that saw her qualify for the 2014 Games in Sochi, where she competed for Thailand as Vanessa Vanakorn in the giant slalom.
It was alleged that a competitor who was not present at the event was listed in the results of two giant slalom races, while second place was said to have been awarded to a skier who fell.
However, CAS ruled against the FIS decision due to insufficient evidence and annulled Vanessa-Mae's punishment in June 2015, a decision that has led to the FIS officially withdrawing its allegations.
"On 19 June 2015, the Court of Arbitration for Sport upheld the appeal of Vanessa-Mae Vanakorn Nicholson, competing under the name Vanessa Vanakorn, against the decision of the FIS Hearing Panel dated 6 November 2014," a statement read.
"FIS has not appealed and fully respects the verdict of the CAS, including its finding that Ms. Vanakorn and her entourage did not in any way fix, contrive or improperly influence the result, progress, conduct or any other aspect of the FIS-approved races held in Krvavec, Slovenia on 18 and 19 January 2014.
"FIS accepts that the statements made about Ms. Vanakorn's conduct at the Krvavec races were unjustified and unreservedly withdraws them.
"In settlement of Ms. Vanakorn's claim for damages for defamation, FIS has apologised and has made an appropriate payment to Ms. Vanakorn which she intends to pay to a charity of her choice."