Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-12-13-Speech-4-155"

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"en.20071213.23.4-155"2
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"Mr President, I am voting in favour of Mr Ehler’s report on deposit-guarantee schemes. The rapporteur has presented a very good report, in which attention is drawn to the new challenges facing guarantee schemes because of the increasing integration of markets. These challenges must be responded to if the stability of financial markets is to be ensured. Deposit-guarantee schemes are a very important part in the EU financial market system and their operation should continuously be improved. The rapporteur rightly draws attention to the problem of crisis management and the safety net for cross-border deposits in crisis management. I agree that crisis management should rest on the foundations of improved early risk detection, better defined and planned procedures of interaction between all parties involved, and clarification of the point at which burdens are to be shared. Differences between systems and the variety of parties involved in the public and private sectors must be taken into consideration."@en1

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