European parliament committee votes against Gerry Cross for EBA post

Committee members expressed concern over nominee’s previous work for lobbying organisation

European Banking Authority headquarters

The European Parliament’s economic and monetary committee voted against accepting an Irish central bank official as the European Banking Authority’s second most senior executive.

The committee voted by 27 to 24 on January 23 to recommend the rejection of Gerry Cross as the EBA’s next executive director – the first time it had voted against an EBA nominee. An unofficial transcript of its proceedings shows some committee members expressed concern about the influence of private lobbying

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