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Sharon Bowles MEP speakingMEP for South East England and Chair of the European Parliament's Economic and Monetary Affairs Committee

Sharon is regularly named by the media and industry as one of the most influential Members of the European Parliament. Her expertise and hard work have received many plaudits.

She is the first Briton and first Liberal to ever chair the Parliament's powerful Economic and Monetary Affairs Committee, where she plays a leading role in responding to the Eurozone financial crisis.

This website gives details of Sharon's work and campaigns. You may also view details of her Parliamentary expenses.

Read about what Sharon did last week

In accordance with the Parliament's funding rules in the 30 days running up to an election this website will now be frozen until the 23rd May (one day after the European Elections). For updates on Sharon's activities and comments please check Sharon's Twitter and Facebook Pages.

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  • Article: Apr 17, 2014

    Monday

    Sharon travelled to Strasbourg on the Eurostar for the last Plenary Week of the 2009 - 2014 European Parliament.

    At 5.30pm Sharon attended a meeting of the Liberal Democrat European Parliamentary Party (LDEPP).

    Tuesday

    Sharon spent the morning working from her office before attending votes.

    At 12pm Sharon attended votes, where a number of Economic and Monetary Affairs (ECON) Committee files were adopted in a 'Super Tuesday' plenary vote. The Parliament voted in favour of - Single Resolution Mechanism, Deposit Guarantee Schemes, Bank Recovery and Resolution Directive, Markets in Financial Instruments Directive II.

  • Article: Apr 17, 2014

    MEPs today voted Parliament's position on an EU proposal that aims to establish EU-wide investment funds which only invest in assets with a long-term focus.

    Following the vote Sharon Bowles, Chair of the Economic and Monetary Affairs Committee said:

    "It is a well-known fact that since the financial crisis, project finance through banks has been restricted. This proposal is therefore very encouraging as it presents an alternative source of funding across the EU with a specific focus on the long-term."

  • Article: Apr 17, 2014

    Today MEPs voted through new rules on the ability of consumers and businesses to claim damages when harmed by an infringement of competition law. This followed a tough negotiation with Council, key issues of which related to disclosure of evidence and the binding effect of national decisions in other member states.

  • Article: Apr 15, 2014

    The European Parliament has today voted by an overwhelming majority in favour of an EU proposal to develop key information documents for investment products known as PRIPS*.

    Commenting on today's vote Sharon Bowles MEP, who chairs the parliamentary committee responsible for shaping the proposals, said:

  • Article: Apr 15, 2014

    This evening the European Parliament will vote on the revised Markets in Financial Instruments legislation, so-called MiFID2, which now consists of a regulation and a directive.

    MiFID, in its original form and as now revised, is a comprehensive piece of securities and markets legislation that is envied by the US as being all in one place, with a single rule-maker. It is of particular importance to the UK as the centre of capital market activity for the EU and globally.

  • Article: Apr 15, 2014

    MEPs today gave their seal of approval to one of the most important pieces of consumer legislation to come through this mandate of the European Parliament.

    Following today's vote, which secures the agreement the Parliament's Economic and Monetary Affairs Committee negotiated with the Council, any citizen of any background legally resident in the European Union now has the right to open a bank account with basic features.

  • Article: Apr 15, 2014

    Today in the European Parliament MEPs voted through legislation to protect taxpayers from bail-outs of failing banks.

    The Bank Recovery and Resolution Directive voted through today means that in future shareholders and bondholders, not taxpayers, have to take the brunt of failure. This is in line with international work on so-called bail-in, on which the former deputy governor of the Bank of England, Paul Tucker, played a leading role.

  • Article: Apr 15, 2014

    This week the European Parliament has ratified the second reading agreement with the Council on the revisions to the Deposit Guarantee Scheme Directive. The deposit guarantee itself remains at €100,000 (£85,000) but better procedures have been put in place to make sure that the funds to pay depositors actually exist and that money gets to people in reasonable time in the event of a bank failure.

  • Article: Apr 15, 2014

    In a landmark occasion in the European Union, the Banking Union was completed by the passing of the Single Resolution Mechanism in today's European Parliamentary votes.

    The Single Resolution Mechanism establishes a single resolution board which will act as the resolution authority for banks across the Eurozone. Also established under the regulation was the single resolution fund - taking the place of national resolution funds this will be paid into by all banks and used to fund the costs of resolution in a failing Eurozone bank.

  • Article: Apr 15, 2014

    This week sees 13 more substantive reports voted through from the Economic and Monetary Affairs Committee of the European Parliament. 10 of these finalise laws agreed with the Council, often after many long and arduous negotiating sessions and with the Parliament making significant changes.

    Chair of the Economic and Monetary Affairs Committee, Sharon Bowles MEP, said: