Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-457"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20100706.30.2-457"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
"Madam President, ladies and gentlemen, the Council is again absent. One must presume that the Council is not really aware of the political message conveyed by these regulations or by its absence. During the negotiations, the Council came out on the side of the bonus recipients. The European Parliament is in favour of clear European regulations. We are in favour of maximum limits. We are in favour of payment methods involving less risk. We are in favour of liability. We are in favour of restrictions on bonuses for managers of banks supported with public funds. We do not want cash amounts to be higher than the tied-up capital. We have managed to get our way with splitting the timetable. We are delighted that Commissioner Barnier has agreed with the Americans that the second part, the banking book and trading book, should be implemented globally together. It is also important that we have adapted the trading book and banking book. The disclosure requirements have been clearly tightened, the inclusion of risk for re-securitisations in the trading book has been adapted to the banking book and the stress test has been introduced in the trading book to build up capital buffers for crisis periods. It is also important that we have tightened the preventive measures against insolvency in the trading book, but on this point, I would like to mention that we need a harmonised European insolvency law on top of this. We support this compromise as it takes us further in the right direction."@en1
lpv:videoURI

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph