The European Commission and the Council have again shortlisted only men for the most recent nominations for top positions in EU financial authorities, despite earlier appeals by the European Parliament for more gender balance. Following last week’s votes in the ECON Committee on the appointment of José Manuel Campa as Chairman of the European Banking […]
Money launderers may celebrate: EU member states reject blacklist of high-risk countries
Today the Justice and Home Affairs Ministers of the EU unanimously rejected the EU Commission’s proposal for a toughened blacklist of money laundering states. France and the United Kingdom want to remove Saudi Arabia and other countries from the list. Spain has taken a protective stand for Panama. The United States are exerting massive pressure […]
EU top positions in finance: High time for equal rights rather than red roses
The European Commission and the Council have again shortlisted only men for the most recent three nominations for top positions in EU financial authorities, despite earlier appeals by the European Parliament for more gender balance. Following last week’s votes in the ECON Committee on the appointment of José Manuel Campa as Chairperson of the European […]
Whistleblower: Blockade by German and French governments loses supporters
Last night a trilogue meeting of the European Parliament, the EU Commission and the Council failed to reach the hoped-for agreement on European minimum protection for whistleblowers. The Council continued to insist on the obligation for whistleblowers to report first to their own company or authority (first stage), before they can turn to an external […]
Federal government is blocking EU anti-money laundering list: farce at the expense of security
27 EU governments (all except Belgium) are set to block the European Commission’s blacklist of high-risk money laundering countries. France and the UK want to remove Saudi Arabia and other countries from the list. Spain is protecting Panama. The United States is exerting massive pressure because four US jurisdictions are on the list. German Federal […]
Blackrock & Co.: Agreement on joint European supervision, transparency and green finance for investment firms
On Tuesday evening, European Parliament, Council of Member States and EU Commission reached a political agreement on a new framework for the supervision of investment firms in the EU („Ferber Report“). Largely unnoticed by the public, the Capital Markets Union and its joint regulation have taken a major step forward. In the future, the more […]