Brussels Sunshine

Will Barroso-II have a transparency Commissioner?

Media reactions to Commission President Barroso’s decisions on the division of portfolios over the 26 candidate Commissioners have concentrated on who got key portfolios, like Michel Barnier getting the internal market job, which includes the politically hot financial services dossier. What seems to have gone unnoticed so far, is the lack of clarity over who will take over political responsibility for the next phase of the European Transparency Initiative.

Mandelson's links to oligarch raise concerns over Commissioners' conflicts of interests

Channel 4's documentary Dispatches yesterday revealed a document showing that former EU Trade Commissioner Peter Mandelson (2004-2008) personally signed the decision to lift import tariffs for Rusal, the aluminum giant owned by Lord Mandelson's close friend Oleg Deripaska.

Champagne corks popping in Rue Belliard

Commission President Barroso surprised many with his early announcement on Friday afternoon of the portfolios for the 13 new candidate Commissioners and the 13 current Commissioners who will continue in Barroso-2.

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.

Three surprising new entries on the register

The number of entries in the Commission’s voluntary lobby transparency register has now passed 2,000 (753 of which are Brussels-based). The Commission celebrated this as a big success, but in fact the rate of participation is still below 1/3 of Brussels-based lobbies (estimated as 2,600 in an European Parliament report from 2000). Among the recent sign-ups are some big fish, but their reports beg a few questions.

Is Pat Cox 'too special' to follow the rules?

After the Commission’s refusal last week to disclose the declaration of Pat Cox’s “professional activities”, Corporate Europe Observatory has now also received a more general reply from the Commission about the issue of Mr. Cox’s conflicts of interest. Remarkably, the Commission argues that the conflicts of interest rules of its Health and Consumers department (DG SANCO) do not apply in the case of Mr. Cox.