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Finance Watch writes to the EBA on top official’s alleged move to lobbying organisation


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In a letter to the European Banking Authority, Finance Watch calls for a cooling-off period for outgoing senior officials

Brussels, 17 September 2019 – In a letter sent today to the European Banking Authority, Finance Watch raises concerns in relation to a news report that the outgoing Executive Director of the EBA is preparing to join a large financial markets lobbying organisation.

In our view, moving directly from senior banking supervisor to senior banking lobbyist should be subject to a cool-off period of between two and five years: Any less could cast doubt on the EBA’s independence and raise legitimate questions about why the EBA follows a lower governance standard in this regard than is applied in many Member States.

Our full letter is available online.


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Charlotte Geiger, Senior Communications Officer at Finance Watch, at or at 0032/(0)474331031.


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