Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-944"

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	"lt"^^xsd:language2
lpv:document identification number	"en.20101215.23.3-944"2
lpv:hasSubsequent	lp_eu:2010-12-15-Speech-3-9432
lpv:speaker	lp:Zigmantas Balčytis2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; CONT (2009-07-16--2012-01-18)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; ITRE (2009-07-16--2012-01-18)3 substitute; TRAN (2009-07-16--2012-01-18)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3
lpv:translated text	"The global financial crisis showed the need to set up a mechanism for monitoring and supervising credit rating agencies. There is a need for EU-wide joint oversight of credit rating agencies and integrated supervision of them. I approved of this important document. 2009 saw the adoption 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. There needs to be a reliable supervisory and control system and I therefore support the proposed amendments which will strengthen the European Securities and Markets Authority. This institution must be introduced into the supervision of credit rating agencies operating in the EU and effectively exercise its remit."@en1

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