Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-101"
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"en.20100922.4.3-101"2
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"Today’s debate on financial supervision indicated that most of us have the will and determination for serious reforms in the area of economic governance for the benefit of Europe. The most effective method against crises of any kind is prevention. Today’s approval of the reports on the independent European supervisory bodies means that this is precisely what we are investing in – a better basis for effective supervision of financial and non-financial institutions, which will guarantee in the long term greater and more stable security for the financial system, while reducing significantly the likelihood of future crises. I would like to thank all the rapporteurs and I am pleased that the European Parliament strongly defended its positions on the independence and powers of these supervisory bodies and turned them into systems for actually improving currently existing regulations. For this reason, we must all defend to the hilt the interests of the European citizens whom we represent, guaranteeing a suitable framework for risk management during crises."@en1
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