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Encyclopedia > Declaration of financial interests

Declarations of financial interests are a means of making conflict of interests of people in public office known and to reduce them by making them public.


European Parliament

MEPs are required to declare their financial interests or assets that could create a situation of conflict in the performance of their duties. The European Parliament is the parliamentary body of the European Union (EU), directly elected by EU citizens once every five years. ... A Member of the European Parliament (English abbreviation MEP) is a member of the European Unions directly-elected legislative body, the European Parliament. ...


As in a majority of the Member States, Members of the European Parliament have an obligation to declare their financial interests at the moment of taking office as well as orally when a Member has an interest in one of the issues being debated at a sitting.


Members of the European Parliament are also required to update their declaration of financial interests every year. Their declarations are included in the public register kept by the Quaestors. The register is public and may be consulted by anyone in Parliament's three places of work (Strasbourg, Luxembourg and Brussels) via the Internet on the MEP's page in the online register[1]  (http://wwwdb.europarl.eu.int/ep6/owa/p_meps2.repartition?ilg=EN). City motto: – City proper ( commune) Région Alsace Département Bas-Rhin (67) Mayor Fabienne Keller ( UMP) (since 2001) Area 78. ... The Grand Duchy of Luxembourg is a small landlocked state in the north-west of the continental European Union, bordered by France, Germany and Belgium. ... Emblem of the Brussels-Capital Region Flag of The City of Brussels Brussels (Dutch: Brussel, French: Bruxelles, German: Brüssel) is the capital of Belgium and is considered by many to be the de facto capital of the European Union, as two of its three main institutions have their headquarters... The Internet, or simply the Net, is the publicly available worldwide system of interconnected computer networks that transmit data by packet switching using a standardized Internet Protocol (IP) and many other protocols. ...


In vote on 11 March 1999, about the report A4-0070/99 (Corbett, Gutiérrez Diaz, Palacio Vallelersundi) was adopted, numerous changes to the Rules of Procedure of the European Parliament designed to enable Parliament to adjust to the workings of the Amsterdam Treaty have been adopted: March 11 is the 70th day of the year in the Gregorian Calendar (71st in Leap year). ... 1999 is a common year starting on Friday of the Common Era, and was designated the International Year of Older Persons by the United Nations. ... The Amsterdam Treaty (in full: Treaty of Amsterdam amending the Treaty of the European Union, the Treaties establishing the European Communities and certain related acts) which was signed on October 2, 1997, and entered into force on May 1, 1999, made substantial changes to the Treaty on European Union which...


MEPs voted to tighten the rules relating to the declaration of financial interests. The rule thus stipulates that the names of members who have not completed the register within the due time limit will be published in the minutes after due warning. The rule then goes on to state "if the member continues to refuse to submit the declaration after the infringement has been published, the President shall take action in accordance with Rule 124 to suspend the member concerned."


The original proposal to oblige members to declare all benefits above .100 was not approved, but another amendment designed to exclude members not completing the register from office in the Parliament did go through as did the amendment obliging chairmen of intergroups and other unofficial grouping to declare all forms of financial or secretarial support. Intergroup is a Swiss Accounting Firm based in Zurich, Switzerland. ...


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  Results from FactBites:
 
Declaration of financial interests - Wikipedia, the free encyclopedia (413 words)
Declarations of financial interests are a means of making conflict of interests of people in public office known and to reduce them by making them public.
MEPs are required to declare their financial interests or assets that could create a situation of conflict in the performance of their duties.
The original proposal to oblige members to declare all benefits above.100 was not approved, but another amendment designed to exclude members not completing the register from office in the Parliament did go through as did the amendment obliging chairmen of intergroups and other unofficial grouping to declare all forms of financial or secretarial support.
Annual Declaration and Disclosure of Conflict of Interest (2156 words)
I, __________________________________, declare that this report of financial interest and potential conflict of interest has been examined by me and to the best of my knowledge and belief is a true, correct and complete statement.
Financial interest in any one business enterprise or entity if the value of those interests does not exceed a five percent ownership interest when aggregated for the employee and members of his/her family.
I, ______________________, declare that this statement of significant financial interest and time commitments (including accompanying pages and statements) has been examined by me and to the best of my knowledge and belief is a true, correct and complete statement of all my significant interests and other matters required by law.
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