Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-376-382"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-05-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20110511.28.3-376-382"2
lpv:hasSubsequent	lp_eu:2011-05-11-Speech-3-376-3782
lpv:speaker	lp:Vilija Blinkevičiūtė2
lpv:spokenAs	substitute; EMPL (2009-07-16--2012-01-18)3 substitute; FEMM (2009-07-16--2012-01-18)3 member; LIBE (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3 vice-chair; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-29--2014-06-30)3 member; Delegation to the Euronest Parliamentary Assembly (2009-10-07--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3
lpv:translated text	"I voted for this report because it represents Parliament’s contribution to the discussions on means of ensuring more effective governance in financial institutions in Europe. This discussion is particularly important for finding ways of avoiding a repeat of the financial and, ultimately, economic crisis that hit the whole world in 2008. The collapse of a series of financial institutions cost and is still costing taxpayers dear. Therefore, it is necessary to examine the cause of the problems that arose. In response to the Green Paper on improving the governance of financial institutions published by the Commission, the European Parliament’s report devotes significant attention to the need to regulate more strictly the procedures for appointing managers, to laying down the competences of board members and aptitude test criteria, and to ways of guaranteeing their independence. The report calls for the establishment of mandatory risk committees at board level, for financial institutions to be required to disclose recovery planning and supervisory reports, for an annual report to be drafted on the adequacy and effectiveness of their internal control systems, and for a similar assessment to be included in the annual report drawn up by external auditors."@en1

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