Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-24-Speech-4-252-000"

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"en.20110324.22.4-252-000"2
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"One of the lessons learned from the crisis was the need to create independent European agencies for monitoring the banks and insurance in the financial markets. These agencies will not replace national supervisory agencies, but will work with them, exercising their mandate for prudence and systemic risk analysis in order to prevent a new crisis of the proportions of the one we are faced with at present from striking European states once more. Now that Parliament has approved the appointment of the Executive Director of the European Supervisory Authority (European Insurance and Occupational Pension Authority), I wish him every success in the important role that he is taking on."@en1

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