Invitation: Conference on the future of European asset management European Parliament rapporteurs Sirpa Pietikäinen (AIFMD) and Sven Giegold (UCITS) invite you to a conference on the future of European asset management. The event will look to evaluate the current state of regulation and identify key strands for future developments of the asset management sector. […]
Orban’s plan for a constitutional change is an attack on EU’s rule of law
Orban’s plan for a constitutional change is an attack on EU’s rule of law After the failed referendum in Hungary, PM Viktor Orban announced that he will change the Hungarian constitution to reject EU quotas for refugees. MEP Sven Giegold (Greens/EFA), substitute member in the Committee on Constitutional Affairs in the European Parliament commented: […]
Transparency register: Progress on lobby transparency but many loopholes remain
Today, Frans Timmermans, Vice-President of the European Commission, presented the proposal for a new Inter-Institutional Agreement between the European Commission, European Parliament and The European Council relating to the transparency register for lobbyists. Rapporteur for the Transparency Report of the European Parliament and Greens/EFA finance and economic spokesman Sven Giegold commented: “The European Commission’s […]
Launch of the “EU leaks” platform
Today, the inquiry committee investigating the Panama Papers held its first hearing. The committee is mandated to elucidate why banks, business lawyers, audit firms and other finance companies managed to build up a global network of letterbox companies without being punished. My intention is to uncover the firms that are involved in such dirty business […]
Revelations on Neelie Kroes: Outstanding negative example of corrupting trust in politics
Revelations on Neelie Kroes: Outstanding negative example of corrupting trust in politics A new investigation of the International Consortium of Investigative Journalists (ICIJ) reveals that former EU Commissioner Neelie Kroes has breached the EU Commission’s Code of Conduct by withholding information about her participation in an offshore company in the Bahamas. A whistleblower shared […]
Expert consultation: proportionality in banking regulation
Since the culmination of the financial crisis, more than 400 laws and implementing rules have been adopted or fundamentally revised. In particular smaller institutions and providers suffer from the quick introduction of so many new rules. During the legislative procedure we have achieved to take many special needs of smaller institutions into account. Ahead of […]