The financial lobby
Corporate Europe Observatory shows how the past ten years of financial lobbying have left us vulnerable to future crises and costly bailouts. Despite their responsibility for the 2008 crash, the financial sector has successfully avoided major reform in the decade since - and has shaped new legislation with big loopholes and conditions similar to those that created the crash in the first place.
ECB advisory groups are used as lobby platforms by the financial industry, our new report shows. 'Open door for forces of finance at the ECB' reveals that the advisory groups counselling the European Central Bank are dominated by representatives of some of the most influential global financial corporations.
Corporate lobbyists have enjoyed the biggest share of consultations with the UK’s Department for Exiting the EU, as well as those with the EU Brexit Task Force. New research by Corporate Europe Observatory and Global Justice Now reveals their privileged access and the secrecy around these lobby meetings.