Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-03-11-Speech-1-079"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2002-03-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Application of international accounting standards2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20020311.6.1-079"2
lpv:hasSubsequent	lp_eu:2002-03-11-Speech-1-0802
lpv:speaker	lp:Diana Wallis2
lpv:spoken text	"Mr President, I too would like to congratulate the rapporteur and the draftsman for the consensus that they have drawn together. When this report first appeared it seemed to cover a small technical matter, but this is in fact a small technical matter with the ability to make a huge difference. It is of great importance, as has already been said, to the financial services action plan and to the better functioning of the internal market. As Lord Inglewood has already said, it is a proposal that, politically speaking, has come at the right moment. The collapse of a corporate giant like Enron and the reverberations of such a collapse for employees, for small investors, for pensioners, convince us that, if there is a way of helping prevent such misery for some of our citizens, then we should of course pursue it. These international accounting standards seem to hold out such a promise, both within and beyond the European Union. I hope that is so. I hope also, as other speakers have said, that the system involving a regulatory committee – a technical committee set up within our institutions – will provide the openness and, most importantly, the democratic accountability that this Parliament seeks. Our society, our citizens, have a huge stake in the success and health of our large corporations. It is clearly our duty to ensure that the standards by which they are governed or regulated attain the best levels of corporate governance. This report is an important step in achieving that and I can assure the rapporteur that he will have the full support of the ELDR Group in this House."@en1
lpv:spokenAs	member; ELDR (1999-07-20--2003-03-05)3 vice-chair; Delegation for relations with Switzerland, Iceland and Norway (2002-02-07--2004-07-19)3 unknown; Liberal Democrat Party (1999-07-20--2004-07-19)3 member; Committee on Legal Affairs and the Internal Market (2002-01-17--2004-07-19)3
lpv:unclassifiedMetadata	"Wallis (ELDR )."1

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