The European Ombudsman has concluded that the European Commission did not adequately assess potential conflict of interests when it granted a contract to the US investment giant BlackRock to work on environmental rules for banks.
Earlier this year, Emily O'Reilly, the ombudsman, opened an inquiry into how the commission evaluated the firm's bid, following separate complaints by several MEPs and the civil society network Change Finance.
The complaint argued that BlackRock may seek ...
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Elena is EUobserver's editor-in-chief. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.