Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-09-28-Speech-3-174"

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"en.20050928.19.3-174"2
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". The banking system is one of the key pillars of our market economy, and it is the duty of the public authorities to ensure that its functioning observes clear rules, is transparent and safeguards the customers’ interests. In a market that, naturally, cannot be completely assessed by the consumers, it is therefore the public authorities’ responsibility to provide these much-needed guarantees. In this context, the capital requirements laid down in the proposal for a directive before us, and the version adopted by the Committee on Economic and Monetary Affairs, are entirely in keeping with what I feel are the duties and the appropriate concerns of the public authorities. I therefore voted in favour."@en1

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