Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-429"

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	"es"^^xsd:language2
lpv:document identification number	"en.20100706.28.2-429"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4302
lpv:speaker	lp:Antolín Sánchez Presedo2
lpv:spokenAs	substitute; PECH (2009-07-16--2012-01-18)3 substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2010-09-07)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 member; Delegation for relations with Japan (2009-09-16--2012-02-12)3 member; ECON (2009-07-16--2012-01-18)3 unknown; Partido Socialista Obrero Español (2009-07-14--2014-06-30)3
lpv:translated text	"Mr President, Commissioner, ladies and gentlemen, the European Union has a special responsibility within the area of financial services, as it is the world leader with regard to banking and insurance, and the world’s second largest securities market. Europeans expect a system of supervision that guarantees the reliability and strength of our financial services and we cannot disappoint them. I believe that we should make use of the time and reach a speedy agreement. We could go further in three directions: firstly, ensuring the effectiveness of decisions by the authorities in cases of emergency; secondly, clearly demonstrating our commitment to savers having priority with regard to protection for deposit institutions; thirdly, moving towards a European system for crisis resolution. Those who advocated self-regulation in the past now need to accept self-financing. The public cannot be the ones who have to pay the bills and carry the can during the next crisis. There are three directions within the ‘Omnibus’ Directive: firstly, adapting ourselves to the Treaty of Lisbon; secondly, increasing transparency, providing information on sanctions to the European Securities and Markets Authority, and ensuring that financial institutions provide the information required to guarantee responsible investment; and thirdly, ensuring that there are correlation tables for the transposition of directives. I would like to end by expressing my thanks to the rapporteurs: my compatriots Mr Tremosa and Mr García-Margallo, Mr Giegold and Mrs Goulard, Mr Skinner and Mrs Ferreira. I would also like to thank the shadow rapporteurs, those who put forward amendments, all those who made contributions, the secretarial staff, the group administrators and my assistants. They have done an excellent job, which has not yet borne fruit. I would also like to say that I acknowledge the work of the representatives of the Presidency and the Commission. However, we do not have Cassandra’s calling within this House; we wish to legislate and carry out effective supervision."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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