Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-141"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority (A7-0163/2010 , Antolín Sánchez Presedo) (vote)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20100707.13.3-141"2
lpv:hasSubsequent	lp_eu:2010-07-07-Speech-3-1422
lpv:speaker	lp:Michel Barnier2
lpv:translated text	"Madam President, first of all, I should like to say a quick thank you to Mr Sánchez Presedo for what he has just said. I should also like to thank the other rapporteurs, who have done, and continue to do, a marvellous job, as well as all those who assist them. On behalf of President Barroso’s Commission, I should like to say that we acknowledge the political purpose and goodwill shown by Parliament with regard to a fundamental issue, as defined in the various reports and proposals from the Commission aimed at constructing an effective and credible supervisory architecture. This is a fundamental issue because it determines the success or otherwise of a number of other decisions relating to transparency, supervision and – I was going to say quite simply – moral standards, in the whole range of financial services in which these elements have been singularly lacking for about 15 years, as the last crisis showed. We need a little more time, Mr Sánchez Presedo, if we are to achieve the objective of creating this architecture. The Belgian Presidency needs a little more time to make the political will of the Council match that of Parliament, as you have expressed it, and of the Commission. On behalf of the Commission, I should like to say that the Council must fully acknowledge this goodwill and determination and must use the time you are giving it to achieve this level of ambition. In any case, of course, discussions are under way. The Commission will not, and cannot, give its verdict on all the amendments tabled so far, even if many of them match our own position. I should like to confirm, at the same time as indicating my agreement with the procedure that you are proposing, that the Commission will be at hand day and night over the coming days so that we can achieve this level of goodwill and so that we can establish, on 1 January 2011, ladies and gentlemen, supervisory institutions, authorities, and a systemic risk committee that are not only credible but which also function efficiently."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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