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19 January 2018

Mario Draghi told to leave the group of bankers “G30”

economy, finance and credit, Policy 0

The information website Politico.eu informs a notice to Mario Draghi, head of the ECB arrived from the Ombudsman of the European Union, Emily O’Reilly. Few people know that there is in fact the’European ombudsman, that is the ombudsman of the European Union, a cui ci si può rivolgere per determinate questioni.

Emily O’Reilly ha chiesto a Mario Draghi di dimettersi dal G30 ( a group of administrators of private and central banks) on the grounds that “può minare la fiducia nella indipendenza della BCE”- In una raccomandazione pubblicata martedì, O’Reilly ha detto che “L’implicita vicinanza fra i membri — in particolare quella fra una banca di sorveglianza ed i sorvegliati – non è compatibile con gli obblighi d’indipendenza di una istituzione come la BCE la cui indipendenza e’ il tratto distintivo del suo essere.”

DRAGHI TOLD TO LEAVE G30: Emily O’Reilly, the European ombudsman, has told Mario Draghi, head of the European Central Bank, to suspend his membership of the G30, a group of CEOs of private and central banks, on the grounds that it “could undermine public confidence in the independence of the ECB.” In a recommendation published Tuesday, O’Reilly said: “The implied closeness of the relationship through membership — particularly between a supervising bank and those it supervises — is not compatible with the independence obligation of an institution such as the ECB for which independence is the hallmark of its operations.”

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