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Image header Agence Europe
Europe Daily Bulletin No. 12484
Contents Publication in full By article 19 / 30
ECONOMY - FINANCE - BUSINESS / Finance

EBA should have prohibited transfer of Adam Farkas to AFME, says Ombudsman

The European Ombudsman, Emily O'Reilly, ruled on Monday 11 May that the European Banking Authority (EBA) should not have allowed its former Executive Director, Adam Farkas, to become the CEO of theAssociation for Financial Markets in Europe (AFME), one of the main lobbies of the financial sector.

The investigation, launched following a complaint by the Change Finance coalition and supported by several MEPs, found two cases of maladministration by the EBA.

The Ombudsman further found that...

Contents

EU RESPONSE TO COVID-19
HOME AFFAIRS: Commission proposes a gradual and controlled opening of EU's internal borders
TRANSPORT: There is no contradiction between necessary economic revival of sector and Green Deal, says Frans Timmermans
HEALTH: After Covid-19 medicine shortage, EU ministers’ backs are against wall
HEALTH: drawing lessons from Covid-19, several MEPs call for creation of a specific organisation within European Parliament
DEFENCE: response to Covid-19 back on agenda of meeting of European ministers
STATE AID: Commission sets ban on paying dividends or bonuses as a condition for recapitalising companies in Covid-19 crisis
STATE AID: Commission endorses several national schemes under Temporary Framework in context of Covid-19
REGIONS: Committee of the Regions maps out local and regional initiatives to combat Covid-19
CIVIL PROTECTION: EU delivers FFP2 masks from RescEU reserve to help Macedonia and Montenegro tackle Covid-19
SECTORAL POLICIES
AGRICULTURE: Stella Kyriakides advocates reduction in use of pesticides, fertilisers and antibiotics
GMO: European Parliament is expected to oppose approval of a glyphosate- and dicamba-tolerant soybean on 13 May
CLIMATE: implementation of CORSIA by EU, Adina Vălean tells worried MEPs that they will only be informed and not consulted
ENVIRONMENT: commission launches public consultation on its 'Chemicals Strategy for Sustainability'
ENVIRONMENT: European Commission opens public consultation on revised waste shipment rules
ENERGY: energy storage is essential to integrate renewables into EU grid, according to Commission study
ENERGY: public consultation on Renovation Wave roadmap initiative
JUSTICE: EDPB closely reviewing Hungarian data protection measures
ECONOMY - FINANCE - BUSINESS
ECB: judgment by Court in Karlsruhe - Commission analyses pros and cons of infringement proceedings against Germany
FINANCE: EBA should have prohibited transfer of Adam Farkas to AFME, says Ombudsman
INSTITUTIONAL
POLAND: Warsaw to comply with Court of Justice of EU request to suspend activities of its controversial new disciplinary chamber
FUTURE OF EU: Cohesion Alliance is back on track to secure cohesion policy
EXTERNAL ACTION
SERBIA: MEPs Fajon and Bilčík call for calm
COUNCIL OF EUROPE
MIGRATION: Commissioner for Human Rights urges Malta to fulfil its sea rescue obligations by ensuring safe disembarkation excluding Libya
NEWS BRIEFS
STATE AID: Commission approves compensation to energy-intensive companies in Romania for indirect emission costs
HUMAN RIGHTS: Council of Europe warns about forced national displacement of children
IMPROVED REGULATION: European Commission launches platform to simplify European legislation
MIGRATION: 50 asylum seekers leave Greek camps for UK
WTO: to multilateral organisation, virtual meetings without decision-making
UNITED KINGDOM: resumption of talks between London and EU on future relationship
SOCIAL: Portugal, Spain and Italy call for an ambitious European minimum income