Articles

Lobbying campaign by hedge funds not declared in Commission register

According to eFinancialCareers "it emerged yesterday that the Alternative Investment Management Association is paying Finsbury €1m to lobby against the EU’s Alternative Investment Fund Managers’ Directive."

Commission's advisers on financial markets: bankers only?

ALTER-EU's new report, 'A captive Commission – the role of the financial industry in shaping EU regulation' which was launched last week, shows that most of the so-called 'expert groups' advising the EU Commission on financial market regulation are dominated by industry lobbyists. More than 80% of the non-governmental 'experts' in these advisory groups represent big banks and investment funds.

EU institutions

Financial industry shapes EU regulation

The new ALTER-EU report 'A captive Commission - the role of the financial industry in shaping EU regulation' can be found at: http://www.alter-eu.org/en/system/files/publications/CaptiveCommission.pdf Brussels, November 5, 2009 - The vast majority of financial ‘experts’ advising the European Commission represent the banks and investors responsible for the global economic crisis, according to a new report published today by the Alliance for Lobbying Transparency and Ethics Regulation (ALTER EU) [1].