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Conflicts of interest: high time to increase transparency and accountability

Conflicts of interest: high time to increase transparency and accountability
Today, Members of the European Parliament gave their green light to a first step towards a reform of the Code of Conduct for Commissioners. The report calls on the Commission to thoroughly revise the Code of Conduct, which dates back to 2011, in order to verify the absence of a conflict of interest for Commissioners not only when they take up their duties but also during their term. Moreover, the transition period of former Commissioners should be extended from 18 months to three years. Liberals and Democrats in the European Parliament stress the importance of today’s vote, since an increased transparency and accountability is essential in order to regain the trust of European citizens in the EU institutions.

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