Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-084"
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"en.20100922.4.3-084"2
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"Madam President, Mr Reynders, Commissioner, I would, of course, like to add to all the congratulations offered and I would like to underline the work done and the excellent collaboration within this Parliament and also to remind you that without the will of Parliament, this supervision would certainly not have had the European characteristics that it has today.
As far as the future is concerned, Mr Reynders, before the end of this period and perhaps even before the end of this month, I would like us to be able to reach an agreement on one of the subjects that concerns us to which you have dedicated yourselves, and not in vain I can assure you. In the coming days, thanks to the great minds of the Belgian Presidency, we will find a satisfactory solution on hedge funds and private equity.
To repeat one of the Commissioner’s analogies, I think that we must add bricks to this framework that has just been outlined that will ensure that financial regulation is intelligent and affects all products. It is not about regulation for regulation’s sake. It is about trying to ascertain the effectiveness of regulation that is intended to limit as far as possible the risks inherent in the financial system.
In conclusion, I would like to congratulate Mr Wright who regrettably is leaving us. We hope that after all the work he has done to help Parliament achieve results, we will see him again soon on the European way."@en1
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