European Parliament rejects proposed banking regulator

Jasper Cox

January 31, 2020 02:00 pm

EuropeanParliament_PA_575x375_30Jan2020 — 30 January 2020, Belgium, Brüssel: After the vote on the brexit, the Members are in plenary session. Two days before Britain's withdrawal from the European Union, the European Parliament also ratified the EU withdrawal agreement at a meeting in Brussels and finally sealed the brexit. Photo: Michael Kappeler/dpa | Michael Kappeler/DPA/PA Images

Members of the European Parliament voted against the European Banking Authority’s proposed executive director on Thursday, following fears about a revolving door between the regulator and lobbyists.

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Jasper Cox