Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-09-Speech-2-375"
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"en.20100309.24.2-375"2
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"Mr Barroso had the opportunity, a short while ago in this Chamber, to reply to several questions on the major issues relating to financial movements.
You spoke of speculation, Mr Obermayr. As European Commissioner for the Internal Market and Services with responsibility for regulation and supervision, I am able to say that no product, market or territory will be excluded or immune from intelligent supervision and effective regulation.
Therefore, everyone in these markets, with their various products, will be affected by the work that we are going to undertake, work that has already begun in the form of the Supervision package, which is already under discussion, and by revising several directives, in particular, the Institutions for Occupational Retirement Provisions (IORP) Directive, we are going to establish strict investment rules.
I confirm that we will exclude none of these products or markets from the requirement for supervised transparency and for intelligent, effective regulation."@en1
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