Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-391"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Specific tasks for the European Central Bank concerning the functioning of the European Systemic Risk Board - Powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority - European Securities and Markets Authority - Macro-prudential oversight of the financial system and establishment of a European Systemic Risk Board - European Banking Authority - European Insurance and Occupational Pensions Authority - Cross-Border Crisis Management in the Banking Sector (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20100706.28.2-391"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-3922
lpv:speaker	lp:Sajjad Karim2
lpv:spoken text	"Madam President, all has clearly not been well with financial regulation in many of our Member States. We cannot simply allow things to carry on in this dysfunctional and incoherent manner. In the UK, the new government has taken radical action to overhaul and provide the necessary reform at a national level. Equally, the new European framework must radically improve both the quality and coherence of regulatory supervision. It needs an independent structure – truly independent in a regulatory sense – but there is a balance to be struck. The current proposals would allow the EU to overrule national regulators, and the danger is that technical standards may be used to actually make and dictate policy choices at an EU level. Our Member States are right to resist such a move. The UK and Germany are right to adopt the positions that they have. Commissioner Rehn, Commissioner Barnier, the UK remains committed to delivery, but proper recognition of subsidiarity principles is required."@en1
lpv:spokenAs	member; ITRE (2009-07-16--2011-06-07)3,3 member; PECH (2009-07-14--2014-06-30)3,3 substitute; LIBE (2009-07-21--2012-01-18)3,3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3,3 substitute; JURI (2009-11-10--2011-06-07)3,3 unknown; Conservative Party (2009-07-14--2014-06-30)3,3 substitute; Delegation for relations with Canada (2009-09-16--2011-03-27)3,3 member; Delegation for relations with the Mashreq countries (2009-09-16--2014-06-30)3,3
lpv:unclassifiedMetadata	"Sajjad Karim,"1 "rapporteur for the opinion of the Committee on Legal Affairs."1
lpv:videoURI	<go to Events_and_structure europarl>2

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