{"id":38544,"date":"2018-11-06T14:53:51","date_gmt":"2018-11-06T12:53:51","guid":{"rendered":"https:\/\/sg.admk-dev.de\/brian-hayes-to-become-lobbyist\/"},"modified":"2018-11-06T14:53:51","modified_gmt":"2018-11-06T12:53:51","slug":"brian-hayes-to-become-lobbyist","status":"publish","type":"post","link":"https:\/\/sven-giegold.de\/en\/brian-hayes-to-become-lobbyist\/","title":{"rendered":"ECON Vice President Brian Hayes to become lobbyist: Revolving door turns too fast once again"},"content":{"rendered":"<p>Today, MEP Brian Hayes, Irish Christian-Democrat and influential Vice-President of the Economic and Monetary Affairs Committee (ECON) announced on Twitter that after the end of this Parliamentary term he will become CEO of the Banking and Payments Federation Ireland (BPFI): <a href=\"https:\/\/twitter.com\/brianhayesMEP\/status\/1059750115173376000\">https:\/\/twitter.com\/brianhayesMEP\/status\/1059750115173376000<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>MEP Sven Giegold, financial and economic policy spokesperson of the Greens\/EFA group and the European Parliament\u2019s rapporteur for transparency, accountability and integrity commented:<\/p>\n<p>\u201eThe revolving door is turning too fast for Brian Hayes. MEPs need a cooling off period before switching from representing public interests to lobbying for the financial industry. Brian Hayes\u2019 announcement is a positive and rare example of transparency nearly 8 months before his change from public office to lobbying. While Mr Hayes\u2019 transparency is laudable, his private prospect leads to a conflict of interest with his present roles in EU legislation. EU citizens and the European Parliament\u2019s Code of Conduct expect MEPs to act by the principles of disinterest, integrity, honesty and respect for Parliament\u2019s reputation. To resolve such potential conflict of interest, Hayes should abstain from voting on matters of financial services and hand over his legislative roles to colleagues.<\/p>\n<p>This case proves that Parliament\u2019s rules need an update to avoid leaving MEPs in a limbo between high expectations but less clear practical advice. The Parliament\u2019s Rules of Procedure should include a cooling off period after the end of MEP\u2019s mandate. During the cooling off period, they should receive a transitional allowance.\u201c<\/p>\n<p>&#8212;-<\/p>\n<p><strong>BACKGROUND: Code of Conduct for Members on Conflicts of Interest:<\/strong><\/p>\n<p><a href=\"http:\/\/www.europarl.europa.eu\/sides\/getDoc.do?pubRef=-\/\/EP\/\/TEXT+RULES-EP+20180731+ANN-01+DOC+XML+V0\/\/EN&amp;language=EN&amp;navigationBar=YES\">http:\/\/www.europarl.europa.eu\/sides\/getDoc.do?pubRef=-\/\/EP\/\/TEXT+RULES-EP+20180731+ANN-01+DOC+XML+V0\/\/EN&amp;language=EN&amp;navigationBar=YES<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Article 1 \u00a0: Guiding principles<\/p>\n<p>In exercising their duties, Members of the European Parliament:<\/p>\n<p>(a) \u00a0\u00a0are guided by and observe the following general principles of conduct: disinterest, integrity, openness, diligence, honesty, accountability and respect for Parliament\u2019s reputation,<\/p>\n<p>(b) \u00a0\u00a0act solely in the public interest and refrain from obtaining or seeking to obtain any direct or indirect financial benefit or other reward.<\/p>\n<p>&nbsp;<\/p>\n<p>Article 2 \u00a0: Main duties of Members<\/p>\n<p>In exercising their duties, Members of the European Parliament shall:<\/p>\n<p>(a) \u00a0\u00a0not enter into any agreement to act or vote in the interest of any other legal or natural person that would compromise their voting freedom, as enshrined in Article 6 of the Act of 20 September 1976 concerning the election of the members of the European Parliament by direct universal suffrage and Article 2 of the Statute for Members of the European Parliament,<\/p>\n<p>(b) \u00a0\u00a0not solicit, accept or receive any direct or indirect benefit or other reward, whether in cash or in kind, in exchange for specific behaviour in the scope of the Member&#8217;s parliamentary work, and shall consciously seek to avoid any situation which might imply bribery, corruption, or undue influence,<\/p>\n<p>(c) \u00a0\u00a0not engage in paid professional lobbying directly linked to the Union decision-making process.<\/p>\n<p>&nbsp;<\/p>\n<p>Article 3 \u00a0: Conflicts of interest<\/p>\n<ol>\n<li>\u00a0\u00a0A conflict of interest exists where a Member of the European Parliament has a personal interest that could improperly influence the performance of his or her duties as a Member. A conflict of interest does not exist where a Member benefits only as a member of the general public or of a broad class of persons.<\/li>\n<li>\u00a0\u00a0Any Member who finds that he or she has a conflict of interest shall immediately take the necessary steps to address it, in accordance with the principles and provisions of this Code of Conduct. If the Member is unable to resolve the conflict of interest, he or she shall report this to the President in writing. In cases of ambiguity, the Member may seek advice in confidence from the Advisory Committee on the Conduct of Members, established under Article 7.<\/li>\n<li>\u00a0\u00a0Without prejudice to paragraph 2, Members shall disclose, before speaking or voting in plenary or in one of Parliament\u2019s bodies, or if proposed as a rapporteur, any actual or potential conflict of interest in relation to the matter under consideration, where such conflict is not evident from the information declared pursuant to Article 4. Such disclosure shall be made in writing or orally to the chair during the parliamentary proceedings in question.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, MEP Brian Hayes, Irish Christian-Democrat and influential Vice-President of the Economic and Monetary Affairs Committee (ECON) announced on Twitter that after the end of this Parliamentary term he will become CEO of the Banking and Payments Federation Ireland (BPFI): https:\/\/twitter.com\/brianhayesMEP\/status\/1059750115173376000 &nbsp; MEP Sven Giegold, financial and economic policy spokesperson of the Greens\/EFA group and [&hellip;]<\/p>\n","protected":false},"author":36149,"featured_media":37872,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-38544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - 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