Adur, West & East Worthing Party including East Arun

Tag Archives: European Parliament

Worthing This Week

This week I chaired an EU presentation on staying IN Europe. Our Speakers, Baroness Kate Parminter, Deputy Liberal Democrat Leader in the House of Lords, who specialises in the Environment and Antony Hook former MEP candidate and barrister spoke to Members about the negative impact of leaving and the positive effect of staying In. Kate’s […]

“Agreement on a bankers’ bonus cap will usher in a much needed culture change” – BOWLES

Final agreement on a cap for bankers’ bonuses will be reached tonight in Brussels with the completion of the last trialogue negotiation between the European Parliament and European Commission. New rules on bonuses, incorporated in the updated Capital Requirements Directive (CRD), include: A salary / bonus ratio of 1:1 which can be raised to 1:2 […]

“Agreement on a bankers’ bonus cap will usher in a much needed culture change” – BOWLES

Final agreement on a cap for bankers’ bonuses will be reached tonight in Brussels with the completion of the last trialogue negotiation between the European Parliament and European Commission. New rules on bonuses, incorporated in the updated Capital Requirements Directive (CRD), include: A salary / bonus ratio of 1:1 which can be raised to 1:2 […]

“The Cyprus bailout deal is a disaster for EU rules and Single Market principles” – BOWLES

Sharon Bowles Member of the European Parliament for the SOuth-East of England and Chair of the European Parliament’s Economic and Monetary Affairs Committee, has said she is appalled by the Cyprus bailout, which includes ‘bailing-in’ some guaranteed deposits – i.e. swapping them for shares. Sharon said: “This grabbing of ordinary depositors’ money is billed as […]

Bowles claims victory for transparency in European statistics

Sharon Bowles Member of the European Parliament or the South-East of England and Chair of the European Parliament’s Economic and Monetary Affairs Committee, today welcomed the successful adoption of her report on European statistics. The European Statistics Authority 2010 Regulation* will improve transparency in the transmission of data from EU countries to the European statistics […]

Bowles backs ban on animal-tested cosmetics

The European Parliament has championed an historic EU-wide ban on the import and sale of cosmetics tested on animals. The UK prohibited the testing of cosmetic products on animals back in 1997 but will now, along with the rest of Europe, be adopting the EU ban on the import and sale of animal-tested cosmetics. The […]

Letter to The Times re bankers’ bonuses by Sharon Bowles MEP

Sir, Your 1st March editorial concerning bankers’ bonuses has several inaccuracies. First, MEPs from across the political spectrum have pointed out that the size of bonuses, linked for example to trading returns, induced over-risky behaviour and peddling of poorly understood products. This contributed significantly to the financial crisis. Greed turned to fraud in Libor-rigging and […]

190,000 EU Citizens agree with Bowles: it’s time for banks to ‘Own Up, Pay Up!’

Sharon Bowles Member of the European Parliament for the South-East of England has today thanked the nearly 200,000 European citizens, who have signed a petition urging EU finance ministers to agree to greater transparency in global banking – known as country-by-country reporting. The petition’s signatures were collected in just 48 hours, and this latest petition […]

“Time is right for greater transparency in global banking” – Sharon Bowles MEP

Sharon Bowles has sent a joint letter to the 27 Finance Ministers across the EU calling on them to force banks to reveal how much tax they pay, what their turnover is and what their profits are in each country in which they operate. This is part of the ongoing discussions on the Capital Requirements […]