Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-881"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-09-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20100922.20.3-881"2
lpv:hasSubsequent	lp_eu:2010-09-22-Speech-3-8802
lpv:speaker	lp:Alan Kelly2
lpv:spoken text	"The establishment of the European Securities and Markets Authority (ESMA) as part of the Commission’s proposals following the recommendations of the Larosière Report of February 2009 is to be embraced. This authority will significantly strengthen the supervision of the financial sector in Europe. The ESMA will issue decisions directly applicable to financial institutions and will alert the Commission regarding dangerous products or market transactions. Moreover, the ESMA will play a key role in identifying systemic risks and will participate in the event of a crisis resolution. Furthermore, in the case of an emergency situation, the ESMA may, within the scope of its powers, adopt a decision by simple majority obliging the national supervisory authorities to take certain measures. These measures must contribute to the stability and the orderly functioning of the financial markets."@en1
lpv:spokenAs	member; S&D (2009-07-14--2011-02-24)3 member; Delegation for relations with the United States (2009-09-16--2011-02-24)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2011-02-24)3 substitute; PETI (2009-10-15--2011-02-24)3 unknown; Labour Party (2009-07-14--2011-02-24)3 substitute; AGRI (2009-07-16--2011-02-24)3 member; IMCO (2009-07-16--2011-02-24)3
lpv:unclassifiedMetadata	"Alan Kelly (S&D ),"1 "in writing."1

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