Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-14-Speech-1-200"
Predicate | Value (sorted: default) |
---|---|
rdf:type | |
dcterms:Date | |
dcterms:Is Part Of | |
dcterms:Language | |
lpv:document identification number |
"en.20100614.25.1-200"2
|
lpv:hasSubsequent | |
lpv:speaker | |
lpv:spokenAs | |
lpv:translated text |
"I would first of all like to congratulate Mr Langen for all his efforts on this report. Derivatives are considered to be one of the basic causes which helped trigger the financial crisis. With the aim of preventing new crises, the proposals drafted by the Commission on the derivatives market will reduce the risk these instruments pose to the European economy.
In order to restore confidence in the financial markets, a legislative framework is required which will help increase transparency and help the market players make an accurate assessment of the risks involved. In the short term, reducing counterparty risk is an important objective. This can be achieved by using central counterparty clearing houses more frequently. Transactions need to be centralised through a central counterparty in order to increase transparency. In this respect, central counterparties help preserve the integrity of the stock market."@en1
|
lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples