Overview
Lobbying Costs
2,125,000€
Financial year: Jan 2017 - Dec 2017
Lobbyists (Full time equivalent)
29.25 Fte (37)
Lobbyists with EP accreditation
0
High-level Commission meetings
1
Lobbying Costs over the years
-
Info
PROMONTORY FINANCIAL GROUP (PFG)
EU Transparency Register
873000434114-69 First registered on 28 Feb 2019
Goals / Remit
Promontory Financial Group, a wholly owned subsidiary of IBM, is a global consulting firm that advises clients on a variety of financial services matters, including regulatory issues, compliance, risk management, liquidity, restructuring, acquisitions, due diligence, internal investigations and cyber security.
Main EU files targeted
Promontory Financial Group is currently working with clients in addressing regulatory and enforcement issues in the European Union and their business implications, involving regulations such as:
- Markets in Financial Instruments Directive
- Anti-Money Laundering Directive
- Market Abuse Regulation
- Capital Requirements Regulation
- Benchmark Regulation
- General Data Protection RegulationAddress
Head Office
VIA ALESSANDRO MANZONI 3
MILAN 20121
ITALY -
People
Total lobbyists declared
37
Employment time Lobbyists 100% 20 75% 5 50% 10 25% 2 Lobbyists (Full time equivalent)
29.25
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
None declared
Person in charge of EU relations
Mr VINCENZO LA VIA (CHIEF EXECUTIVE OFFICER EMEA)
Person with legal responsibility
Mr VINCENZO LA VIA (CHIEF EXECUTIVE OFFICER EMEA)
-
Categories
Category
I - Professional consultancies/law firms/self-employed consultants
Subcategory
Professional consultancies
-
Networking
Affiliation
https://europa.eu/efc/president_en
https://www.esm.europa.eu/efsf-overviewMember organisations
http://lighthouse.promontory.com/firm/Pages/Firm-Leadership.aspx
-
Financial Data
Closed financial year
Jan 2017 - Dec 2017
Lobbying costs for closed financial year
2,125,000€
Other financial info
NONE
Declared lobby clients
Client Name Amount Intesa San Paolo 1,000,000€ - 0€ Unicredit 500,000€ - 599,999€ -
EU Structures
Groups (European Commission)
none
Groups (European Parliament)
None
Communication activities
PFG supported banking clients and trading venues in the implementation of the EU requirements. Among others:
- Ensured the implementation of the Regulatory Technical Standards and Implementing Technical Standards under the Markets in Financial Instruments Directive II requirements.
- Review the Anti-Money Laundering framework of banking clients.
- Assessed transactions monitoring systems
- Audited the contribution process to the Benchmarks such Euribor and Eonia.Other activities
None declared
Meetings
Meetings
1 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
1 July 2024: We have noted that some meetings are appearing in duplicate, ie. some meetings seem to be listed twice. This seems to be because the Commission changes some element of a meeting data after the meeting has first been listed, which causes LobbyFacts to register it as a new meeting. We are investigating further.
-
Date 07 Mar 2019 Location Brussels Subject Update on Regulatory Developments in Europe DG Financial Stability, Financial Services and Capital Markets Union Attending - Olivier Guersent (Director-General)