What influence does the financial lobby have over banking regulation and other financial markets?

Financial crisis

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: 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].