Integrity and professional conduct 

Integrity and irreproachable professional conduct are crucial for ensuring that the Authority operates in a high ethical environment to protect the independence, transparency and objectivity of its decision-making functions and the tasks granted to it by Regulation (EU) No 1093/2010. 

The Agency has in place ethics guidelines that set out the rules of behaviour and conduct of its staff and other persons that provide services to it. The guidelines govern a variety of areas and provide the ethical framework expected of an Agency of the EU. They include principles of professional ethics of staff, behaviour at work and relations with the public. Equally, the guidelines set out rules on how to deal with interests and more in particular with those of a financial nature, in view of the role that the EBA plays in the regulation and supervision of financial institutions in the EU.  

Other rules include gifts and offers of hospitality, outside activities and occupational activities after leaving the EBA, freedom of expression, etc.  

Conflicts of interest of staff 

To deal with conflicts of interest, the EBA has adopted a policy on conflicts of interests for staff which provides the specific framework that staff and other persons providing services to the EBA need to observe. The policy requires staff to submit annually a declaration of interests. The appointing Authority shall adopt preventive measures to ensure that the EBA continues operating under the highest standards of integrity to guarantee its independence and transparency.  

What is an interest?   

The policy identifies different types of interests that should be reported to and assessed by the EBA. These range from economic interests, memberships, activities with other employers, consultancy activities, intellectual property rights, interests of close family members and any other activities or situations which might create an actual or potential conflict of interest. Wherever a conflict of interest is identified, appropriate measures must be taken to either remove it or mitigate it.  

How is a conflict of interest defined? 

A conflict of interest is defined as a conflict between the public duty of the EBA and private interests of an individual, in which an individual has private-capacity interests that could improperly influence the performance of his/her official duties and responsibilities.  

Declarations of interests of EBA senior managers 

The Code of Good Administrative Behaviour 

The EBA, as part of the EU’s public administration, is committed to the values of service, independence, responsibility, accountability, efficiency, and transparency. These values are reflected in its Code of Good Administrative Behaviour of 2011.  

The Code informs the public of the standards of conduct to expect when dealing with the EBA, and it sets out the principles that guide the administrative conduct of the EBA, in particular:  

  • Lawfulness; 

  • Non-discrimination and equal treatment; 

  • Proportionality (measures taken should be proportional to the aim pursued); 

  • Consistency.