Friday

9th Jun 2023

Ticker

EU Parliament loses funding case against Farage-led party

The European Court on Thursday annulled the European Parliament's decision to claw back some €173,000 from the then Ukip-dominated Alliance for Direct Democracy in Europe in 2016. The court said the "appearances of impartiality were seriously compromised" in the parliament's decision because one of its board members publicly said there had been "fraudulent use of funds". Those statements were made before any official decision had been taken.

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EU's proposed ethics body 'toothless', say campaigners

Transparency campaigners say the new ethics body proposed by the European Commission will do little to prevent corruption at the EU institutions. The proposal comes six months after allegations of a Qatari corruption affair involving a former European Parliament vice-president.

Opinion

The 'BlackRock exemption' has no place in the EU's due diligence directive

With the EU's Corporate Sustainability Due Diligence Directive, there's an opportunity to harness the power of investment for truly sustainable activities. But to do this, it must not allow the 'BlackRock exemption' and instead cover institutional investors and asset managers.

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