Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-01-13-Speech-2-364"
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"en.20090113.28.2-364"2
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"Madam President, Commissioner, you personally said in reply to a question of mine in 2006 that, in keeping with the recommendations of the Committee of European Securities Regulators, the Commission would not be tabling any new legislative proposals in the credit rating agency sector.
The massive financial crisis occurred and now here you are telling us that we need a stricter legislative framework. We do indeed need a stricter regulatory framework. My question is: do you acknowledge that the Commission’s regulatory reflexes were sluggish in this matter?"@en1
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