Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-304-625"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20110608.20.3-304-625"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
"I voted in favour of Parliament’s resolution on credit rating agencies (CRAs) because I agree that it is essential to reduce the unfair competition caused by the CRAs’ common practice of assessing market participants while simultaneously obtaining orders from them. I believe the Commission should carefully assess the potential use of alternative instruments to measure credit risk. It is vital that the European Securities and Markets Authority (ESMA) exercises its powers effectively and has the right to conduct unannounced investigations and on-site inspections. It is also vital that, when exercising its supervisory powers, the ESMA gives the persons subject to proceedings the opportunity of a hearing in order to respect their right to defence. I also agree with the call for the Commission to carry out a detailed impact study on costs, benefits and the potential governance structure of a totally independent European Credit Rating Foundation, which would be competent in the three areas of ratings."@en1

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph