As the European Commission attempts to find ways out of the financial
crisis, a new report from ALTER-EU analyses the composition of groups
which gave or still give advice to the Commission on financial issues
such as banking regulation, hedge funds, credit rating agencies,
accountancy rules and tax havens.
ALTER-EU will present the findings of its report ‘A Captive Commission –
the role of the financial industry in shaping EU regulation’ which
reveals an overwhelming dominance of representatives from the financial
industry on advisory bodies, and highlight the need for the Commission
to reform the way it gathers expert advice if it is to achieve real
change in the financial sector.
Speakers at the press conference:
Paul de Clerck, member of ALTER-EU’s steering committee will present the
findings of the report and make recommendations to policy makers.
Poul Nyrup Rasmussen, President of the Party of European Socialists, ex
Danish Prime minister and MEP and current leading campaigner for
financial reform in Europe
and
Sven Giegolds, MEP for the Greens, member of Economic and Monetary
Affairs Committee and member of the Parliament’s new Special Committee
on the Financial, Economic and Social Crisis
will comment on the report’s findings.
Yiorgos Vassalos, co-author of the report will respond to methodological
and technical questions.
Language of the press conference: English
Languages available for interviews: English, Dutch, French, Greek
For more information please contact:
Francesca Gater, communications officer for Friends of the Earth Europe:
+32 2 893 1010 or + 32 4 85 930 515, francesca.gater foeeurope.org
Please find venue access and location information here