Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-906"

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"en.20100707.23.3-906"2
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"Article 12(2): I do not support the Authority leading the college of supervisors (Article 12(2), first sentence), nor do I support the Authority leading in going concerns (Article 12(2)(c)). The authorities should not have the right to freely replace the rights of national authorities (as guaranteed in the Capital Requirements Directive). The wording of this article as proposed by the ECON Committee and the rapporteurs is not precise and could lead to a high degree of confusion between the authorities at national level and at European level. Article 12a(4): I do not support this amendment. Article 12a(5): I do not support this amendment. Article 12b: I do not support this amendment. The definition of the identification of cross-border institutions that could pose systemic risk is unclear and puts national authorities in an unclear position with regards to their rights as supervisors. Article 12c: I do not support the creation of a Resolution Unit within the remit of these directives. While I, in principle, support the idea of a unit of this kind, the creation of a Resolution Unit requires much more preparatory work, thorough impact assessments and detailed regulation of its own."@en1
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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

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