Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-484"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-06-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Securities to be offered to the public and harmonisation of transparency requirements (debate)2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.20100615.29.2-484"2
lpv:hasSubsequent	lp_eu:2010-06-15-Speech-2-4852
lpv:speaker	lp:Sari Essayah2
lpv:spokenAs	member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 member; Delegation for relations with Israel (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2014-06-30)3 unknown; Suomen kristillisdemokraatit (2009-07-14--2014-06-30)3 member; EMPL (2009-07-16--2012-01-18)3 member; EPP (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3
lpv:translated text	"Madam President, Commissioner, I think the report on the amendment to the Prospectus Directive is a positive one because many of these amendments reduce the administrative burden of companies, so the rapporteur and shadow rapporteurs have together done an excellent job. As a counterweight to reducing the requirements of a prospectus, we must always take into account the matter of the investor’s protection. The legal basis for the prospectus summary was clarified and the idea of a broad legal basis was dropped, which is good, because a long prospectus summary would have been difficult to understand, and the investor might have had the feeling that there was no need to read carefully though the actual prospectus itself. Now the prospectus summary must simply correspond to the summary; there cannot be a contradiction between the two. The actual legal responsibility lies with the truthfulness of the information in the prospectus proper. I also applaud the move that the requirements concerning the content of the prospectus are to be clarified, as having a uniform structure can only serve to promote the comprehensibility of these summaries. In the second amendment that I tabled, I wanted to ensure that the prospectus requirement remained in place in the case of staff placements. This was based on the notion that all investors should be treated equally. It cannot always be assumed consistently that a small investor on the staff knows enough about the company and its securities. This is perhaps something we should return to and consider in the future. This directive has an important purpose: that an investor can base his or her investment decisions on clear and comprehensible information that is easily accessible. I believe that amending the directive, despite the problem I mentioned, will bring its own contribution, with a change in the right direction."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph