Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-905"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20100707.23.3-905"2
lpv:hasSubsequent	lp_eu:2010-07-07-Speech-3-9042
lpv:speaker	lp:Sophie Auconie2
lpv:spokenAs	member; EPP (2009-07-14--2014-06-30)3 unknown; Nouveau Centre (2009-07-14--2013-05-26)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; REGI (2009-07-16--2011-04-05)3 substitute; ECON (2009-07-16--2012-01-18)3 member; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Mexico Joint Parliamentary Committee (2009-09-16--2014-06-30)3
lpv:translated text	"Firstly, it should be noted that the lack of equity capital in the banking system was a key factor in the crisis, hence the importance of increasing it. I therefore voted for this report. Indeed, the latter is firmly opposed to the notion of the privatisation of profits and the nationalisation of losses, or their carry-over to society as a whole. The current system, particularly remuneration policy within the banking system, favours a high-risk approach. Indeed, excessive bonuses have led to the short-term search for profit, at the cost of the medium- and long-term stability of the financial system. This report judiciously explains, for example, that remuneration must be based on incentive systems and not on guarantees given to employees regardless of profits and losses made. Furthermore, it rightly seeks to establish a remuneration committee within the enterprise in order to improve transparency and information and also defend long-term interests."@en1

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