Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-236"

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"en.20100922.20.3-236"2
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"The growing interconnection of national markets, the multinational or, at least, transnational nature of many of the main actors in the financial markets and, especially, the economic and financial crisis now being felt around the world, have revealed the need to rethink, reformulate and even recast the way in which supervision works at a European level. In this context of systemic adjustment to the current situation, the three European authorities that are the subject of this resolution are particularly important, since they have been entrusted with special responsibilities in the new structure, which is intended to be more able to face the challenges that arise today and have repercussions on the lives of everyone in the European Union. I hope the new architecture that is being designed now will be a success in practical terms, and that our joint efforts to minimise risks and safeguard transparency and truth in the markets will not be content with the solutions now found. I also hope that we will always be willing to learn from experience and take account of best practices in order to help improve what needs improving."@en1

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