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This document provides an overview of public hearings and exchange of views with the Chair of the Single Resolution Board (SRB) in the ECON Committee since July 2019. It also provides an overview of all external papers requested by the ECON Committee by a standing panel of banking experts. Lastly, the annex contains an overview of the respective legal bases for these hearings as part of the accountability framework of the SRB. For an overview of public hearings during the 8th parliamentary term, ...

On 29 October 2020, the Polish government proposed the nomination of Marek Opioła, as a candidate for membership of the European Court of Auditors (ECA). There is currently no Polish member of the ECA, since Janusz Wojciechowski took office as European Commissioner on 1 December 2019. The European Parliament's Committee on Budgetary Control (CONT) held a hearing with the nominee on 7 December, and subsequently delivered an unfavourable opinion. A vote in plenary is scheduled for the December plenary ...

Members of the European Court of Auditors (ECA) are appointed by the Council, after consultation with the European Parliament. The ECA consists of 27 members, one national from each of the 27 European Union Member States. Candidates for membership are proposed by their respective Member States, and appointed for a renewable term of six years. Members are required to perform their duties in complete independence and in the general interest of the EU. This Briefing takes appointments since 2009 (the ...

On the occasion of the nomination of a new Polish member for the Court of Auditors, this briefing describes the national nomination process and the roles of EP and Council.

On 7 October 2020, the European Parliament approved by an overwhelming majority the appointment of Mairead McGuinness as European Commissioner for Financial Services, Financial Stability and Capital Markets Union, as well as the change of portfolio of Commission Executive Vice-President Valdis Dombrovskis, to become the new Trade Commissioner. Mairead McGuinness was subsequently appointed by the Council (Article 246 of the Treaty on the Functioning of the European Union, TFEU) on 12 October and thus ...

This paper reviews the independence and accountability of the ECB and the Federal Reserve. While the ECB makes significant efforts to be accountable for its actions, there are several improvements that could be made to European institutions to improve its independence and accountability. These include reforming the process of appointing ECB Executive Board members, improving the transparency of ECB decision-making and reforming aspects of the Monetary Dialogue to make the questioning more effective ...

On 26 August 2020, Commissioner Phil Hogan tendered his resignation to the President of the European Commission following controversy over his participation in an Oireachtas (Irish Parliament) Golf Society dinner attended by more than 80 people, despite the applicable Irish public health guidelines adopted to contain the spread of Covid-19 limiting gatherings to a fraction of that number. In addition, questions were raised as to whether he had complied with applicable restrictions on movements after ...

Short presentation of - Treaty provisions and appointment procedure, - upcoming and recent nominations and - avenues for further research.

This paper examines trends in the size and composition of the boards of significant institutions during the 2011-2018 period, comprising several years before and after the ECB started conducting fit and proper assessments in 2014. Throughout this period, there have been trends towards directors who are more qualified, hold fewer other board positions, and are more likely to be female and a foreign national. Unlike in the pre-SSM period, however, more recently the average age of directors has increased ...

In December, the European Parliament is set to elect the European Ombudsman for the new parliamentary term following a public hearing of the candidates by the Committee on Petitions (PETI). Five candidates are running: Giuseppe Fortunato (Italy), Ombudsman of the Campania Region; Julia Laffranque (Estonia), judge at the European Court of Human Rights; Nils Muižnieks (Latvia), former Commissioner for Human Rights at the Council of Europe; Emily O'Reilly (Ireland), the incumbent Ombudsman (since 2014 ...