Corporate Europe Observatory (CEO) monitors lobbying at European institutions. The group says the ECB is at risk of becoming too close to the banks it supervises
- Report that 508 of 517 seats available on the ECB's advisory groups are taken by financial sector representatives
- Banks under ECB supervision hold the majority of seats in the 22 advisory groups, which the ECB uses to gather intelligence on subjects ranging from economic and market developments to financial infrastructure and payments
Reuters have more here, if you need an eye-opener (& probably a hair of the dog after): ECB reliance on bankers' feedback raises capture risk: activist group
