Guidelines for Commissioners' declarations of interests

Summary

The European Parliament calls for stricter guidelines and more transparency regarding the financial interests declared by EU Commissioners to prevent conflicts of interest.
10 01.12.2016
Other
government
civil service
administrative law
public administration

Key points

In force from 01/12/2016
  • The Parliament seeks to move from simple formal checks to a deep, substantive analysis of financial declarations to ensure true independence.
  • New rules would require the disclosure of all financial assets and liabilities exceeding 10,000 euros.
  • The absence of any confirmed conflict of interest must be a mandatory requirement before any Commissioner hearing can take place.
  • Restrictions on employment and activities after leaving office should be extended to a period of at least three years.
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