EBA accepts Ombudsman recommendations following former Executive Director’s move to finance lobby group
News - Date Tuesday | 01 September 2020
Case 2168/2019/KR - Opened on Thursday | 16 January 2020 - Recommendation on Thursday | 07 May 2020 - Decision on Wednesday | 18 November 2020 - Institution concerned European Banking Authority (Recommendation agreed by the institution )
European Ombudsman Emily O'Reilly commends the European Banking Authority (EBA) for agreeing to introduce the measures she recommended to deal with future revolving door situations. This follows her finding that the EBA should not have allowed its former Executive Director to become CEO of a financial lobby association.
Read here the press release.