Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-947"

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	"pt"^^xsd:language2
lpv:document identification number	"en.20100922.20.3-947"2
lpv:hasSubsequent	lp_eu:2010-09-22-Speech-3-2262
lpv:speaker	lp:José Manuel Fernandes2
lpv:spokenAs	substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2010-03-05--2014-06-30)3 member; BUDG (2009-07-16--2012-01-18)3 substitute; Delegation for relations with India (2009-09-16--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 substitute; ENVI (2009-07-16--2012-01-18)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; EPP (2009-07-14--2014-06-30)3 unknown; Partido Social Democrata (2009-07-14--2014-06-30)3
lpv:translated text	"In order to protect the transparency and credibility of European markets and institutions vis-à-vis the public, it is vital to strengthen the powers, resources and autonomy of European supervision of the insurance and occupational pensions markets. This will ensure the effectiveness of the current reform that the EU institutions are presently engaged in for overseeing financial markets so as to avoid any further risk of a crisis like the one that is currently affecting the global economy, which has had a particular impact on European society. The Commission has tabled a series of proposals with the intention of instituting a more efficient, integrated and sustainable system of financial supervision in the EU. The basis for this approach is a European System of Financial Supervisors. To that end, the Commission proposes the creation of three new European decentralised agencies: the European Banking Authority, the European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority. It should be noted that the impact of the creation of these three agencies on the European budget will amount to some EUR 59 699 000 for the years 2011-2013."@en1

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