Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-916"
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"en.20100922.20.3-916"2
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"The European Insurance and Occupational Pensions Authority has become an absolute must in the wake of the economic and financial crisis. This has highlighted the shortcomings of the instruments for supervising the market and the vulnerability of Europe’s citizens, specifically depositors, investors or contributors. They need to be given greater protection. One of the ways of doing this is to supervise insurance and occupational pension institutions, with particular attention, which I believe is necessary, being focused on cross-border agencies. I support the report from my colleague, Peter Skinner, on the proposal for a regulation of the European Parliament and of the Council, especially as the European Parliament warned a long time before the outbreak of the crisis about the superficial nature of the control over certain increasingly integrated financial markets. I believe that the text tabled by the European Parliament is more appropriate to the need for prevention and better management of other possible crises, especially through the measures aimed at increasing transparency on the financial markets."@en1
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