Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-342"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-12-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20101215.23.3-342"2
lpv:hasSubsequent	lp_eu:2010-12-15-Speech-3-9382
lpv:speaker	lp:Aldo Patriciello2
lpv:spokenAs	member; CONT (2009-07-16--2012-01-18)3 member; ITRE (2009-07-16--2012-01-18)3 substitute; REGI (2009-07-16--2012-01-18)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 unknown; Il Popolo della Libertà (2009-07-14--2013-12-05)3 member; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3
lpv:translated text	"− The global financial crisis, to which the credit rating agencies made their contribution, showed the need to set up a mechanism for monitoring and supervising credit rating agencies. This was the purpose behind the adoption, in 2009, of Regulation (EC) No 1060/2009 on credit rating agencies. It made it possible to establish a European system for registering and supervising credit rating agencies which issue ratings used in the European Union. It also lays down the conditions for the use in the European Union of ratings issued by third-country agencies, by applying a double system of equivalence and endorsement of ratings. I therefore voted in favour and support the rapporteur, Mr Gauzes, who suggests focusing on the introduction of the European Securities and Markets Authority into the supervision of agencies and on the definition of its new tasks and new powers. It is, in fact, vital for the ESMA, as soon as it is established, to be in a position to exercise its remit to ensure sound supervision of credit rating agencies operating in the EU and also third-country agencies whose ratings will be authorised in the EU."@en1

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