Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-12-Speech-1-171"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2007-03-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:Prudential assessment of acquisitions and increase of shareholdings (debate)2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20070312.21.1-171"2
lpv:hasSubsequent	lp_eu:2007-03-12-Speech-1-1722
lpv:speaker	lp:Antolín Sánchez Presedo2
lpv:spokenAs	member; PES (2004-07-20--2009-07-13)3 member; Delegation for relations with Japan (2004-09-15--2007-03-13)3 substitute; AFET (2007-01-31--2009-07-13)3 unknown; Partido Socialista Obrero Español (2004-07-20--2009-07-13)3 substitute; Delegation for relations with the United States (2004-09-15--2007-03-13)3 member; ECON (2007-01-31--2009-07-13)3
lpv:translated text	"Mr President, cross-border issues and the acquisition of shares in banks, insurance and investment companies are less than in other sectors. One barrier is the uncertainty in the procedures for prudential assessments before national supervisors, given the lack of criteria on the unity of the acquirer and the detailed regulation of the procedures. The proposed directive deals with these problems and harmonises their treatment. The amendments approved in the Committee on Economic and Monetary Affairs make the requirements clearer, facilitate supervisory action, protect confidentiality and improve control. Their result in general is positive and I congratulate the rapporteur, Mr Klinz. One sensitive issue is that, in cases of great dilution of property with low participation, great influence can be achieved. We have therefore defended the obligation to notify any significant participation and we support the idea of the Member States being able to set a transparency threshold of less than 10% for receiving information and determining its existence."@en1

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