Sector Regulation Sector Regulation

EU banking official’s lobby group switch led antifraud enforcer to intervene, documents show

By Jack Schickler
  • 03 Nov 2021 07:25
  • 03 Nov 2021 07:25
The hiring of senior EU banking official Adam Farkas by a financial markets lobby group prompted an intervention by the bloc’s fraud watchdog, recently published minutes show. 

The EU’s ombudsman, Emily O’Reilly, already charged the European Banking Authority for maladministration for allowing its outgoing executive director to make the move to the Association

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