Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-12-Speech-1-224"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2007-11-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:International accounting standards (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20071112.23.1-224"2
lpv:hasSubsequent	lp_eu:2007-11-12-Speech-1-2252
lpv:speaker	lp:Alexander Radwan2
lpv:spokenAs	substitute; Delegation to the Euro-Mediterranean Parliamentary Assembly (2004-09-16--2008-12-02)3 substitute; SEDE (2007-01-31--2008-12-02)3 unknown; Christlich-Soziale Union in Bayern e.V. (2004-07-20--2008-12-02)3 vice-chair; Delegation for relations with the Mashreq countries (2007-03-14--2008-12-02)3 member; ECON (2007-01-31--2008-12-02)3 member_of_the_bureau; EPP-ED (2004-08-31--2008-12-02)3 substitute; AFCO (2007-03-06--2008-12-02)3 substitute; Delegation for relations with the People's Republic of China (2007-03-14--2008-12-02)3
lpv:translated text	". – Mr President, Commissioner, the IFRS 8 process is symptomatic of where we stand today with regard to implementation, endorsement, of IFRS in Europe. I should like to say very clearly from the outset, to those who perhaps always assume the opposite of Parliament, that the majority of the European Parliament is in favour of IFRS, of a global standard, and of taking the same course on this, the right course. We ought to examine this IFRS process, in particular, in relation to whether all is well with it at the moment: the Commission presents the European Parliament with a standard at short notice, the Commission and industry are expected to implement it relatively quickly, pressure from industry gets stronger and stronger, and those who have the duty of justifying it to citizens on the ground are not given any opportunity to form an opinion on it. The Commission has prescribed an appropriate phase, but we are going to have to do some straight talking about what has happened now, as the implementation phase is now being postponed retrospectively. To avoid this happening in future it is vital that the legislative institutions, such as the European Parliament, are informed about the work in good time. I welcome the announcement last week by the Commission, with the SSI, the Japanese and IOSCO. What the IFRS organisation then presented – regarding providing its own governance – is a correct, but long-overdue step towards appropriate legitimisation and governance. We, the European Parliament, shall pay particular attention to whether democratic rules of play are observed. That does not mean that the European Parliament must be directly involved, but only if the process is working correctly shall we be able to ensure that it operates optimally in future when each individual standard is implemented – and in future we shall be consulted about each individual standard."@en1
lpv:unclassifiedMetadata	"Alexander Radwan,"1 "on behalf of the PPE-DE Group"1

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