Today Anneliese and other MEPs interviewed Lord Hill for the position of Commissioner of Financial Services.
Ahead of the hearing Anneliese set three targets for Lord Hill:
The commissioner-designate for financial services must ensure legislation passed in the last mandate is implemented, without being watered down; finalise banking reform to regulate 'shadow banking' and improve access to finance for SMEs; and be a pragmatic voice in the debate on Europe, making sure the reforms he oversees deliver the best outcome for the people of the UK.
Anneliese said: "Lord Hill has a huge and vitally important task ahead of him. We all know what happens if the financial sector isn't regulated properly. The effects are all around us: low growth, high unemployment, and businesses struggling to get on as we all try to recover from the impact of the financial crisis. He needs to maintain the high level of ambition of his predecessor for lasting reform that will make the financial sector safer and more stable, stimulating growth and jobs.
"If Lord Hill can demonstrate in the hearing today that he can deliver on these priorities, he should be confirmed as the next Commissioner for Financial Services."
Here is what she had to say immediately after the hearing: