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Comment: EBA chief's jump to lobby group highlights loophole in EU constraints

By Jack Schickler ( September 18, 2019, 11:28 GMT | Comment) -- Financial lobby groups looking to hire ex-regulators can continue to benefit from a loophole in EU restrictions. Protests such as those over the hiring of the European Banking Authority's Adam Farkas by campaign group AFME are only likely to intensify as the the EU executive and parliament enter revolving-door season.Adam Farkas, longtime executive director of the EU's banking watchdog has been hired by lobby group the Association for Financial Markets in Europe, confirming media rumors....

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