Today, on 10 November 2020, the Committee on Economic and Monetary Affairs (ECON) of the European Parliament voted in favour of Dutchman Frank Elderson to succeed Yves Mersch on the Executive Board of the ECB (33 in favor, 21 against, 3 abstentions). Greens, Socialists and the Left had strongly criticised the lack of female candidates […]
New ECB Executive Board member: Eurogroup refuses gender-balanced selection procedure
On Monday 9 November, Dutchman Frank Elderson will appear before the European Parliament’s Committee on Economic and Monetary Affairs (ECON) for a hearing. Mr Elderson is to succeed Yves Mersch on the Executive Board of the ECB. Following the Eurogroup’s selection of Elderson as a candidate in early October, the Governing Council of the ECB […]
Webinar “Deregulation For Future? – An agenda for financial regulation during the pandemic & beyond” – Tue, 10 Nov 8-10 pm CET
Recording here: By loading the video, you accept YouTube’s privacy policy.Learn more Load video Always unlock YouTuben +++ New date after prior cancellation +++ Dear friends, dear interested, The Covid-19 pandemic has triggered unprecedented financial policy responses. While central banks supported markets at previously unthinkable scale, regulators worldwide rushed to lower prudential requirements for banks […]
Council position on combating money laundering: Step in the right direction but not ambitious enough
Today the Council of EU Economic and Finance Ministers presented its conclusions on the European Commission’s action plan on combating money laundering and terrorist financing. In these conclusions, the Council of Ministers welcomes the plans to transpose parts of European anti-money laundering legislation into a directly applicable regulation, thereby eliminating the current patchwork of unequal […]
New ECB whistleblower channel: Success for whistleblower protection
The ECB has announced that it will introduce an improved internal reporting channel for whistleblowers. This is a major achievement on the road to greater support for all those who uncover malpractice for the sake of the common good. All too often whistleblowers are subject to considerable reprisals, lose their jobs or are sued for […]
EU Parliament will announce the rules for a new “Daphne Caruana Galizia Prize for journalism”
Directly after the murder of Daphne three years ago Eva Joly and myself demanded the creation of a “European prize for investigative journalism” in the name of Daphne Caruana Galizia and modelled on the Sakharov Prize. Only one month later in November 2017 the plenary of the European Parliament supported the idea with a large […]