Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-408-093"

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"en.20110705.34.2-408-093"2
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"I voted for the report because the supervisory framework needs to be strengthened to reduce the risk of financial crises in the future and prevent them from being so severe. Consequently, far-reaching reforms are required to the supervisory structure of the financial sector in the European Union, including the creation of a European System of Financial Supervisors, comprising three European Supervisory Authorities, one for the banking sector, one for insurance and occupational pensions and the third for the securities and markets sector, as well as the creation of a European Systemic Risk Board."@en1

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