Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-411-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-07-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20110705.34.2-411-000"2
lpv:hasSubsequent	lp_eu:2011-07-05-Speech-2-412-0002
lpv:speaker	lp:Raül Romeva i Rueda2
lpv:spokenAs	unknown; Iniciativa per Catalunya Verds (2009-07-14--2014-06-30)3 substitute; PECH (2009-07-16--2012-01-18)3 substitute; Delegation to the EU-Turkey Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2013-04-17)3 member; FEMM (2009-07-16--2012-01-18)3 vice-chair; G/EFA (2009-07-14--2012-01-31)3 substitute; LIBE (2009-07-16--2012-01-18)3 member; Delegation for relations with the countries of Central America (2009-09-16--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2012-02-12)3
lpv:translated text	"In its plenary session today, the European Parliament voted in favour of the proposal for a regulation on derivatives. These products have, until now, been traded in the absence of any regulatory framework and in an extremely opaque manner. Although the Council is having trouble finding an agreement on this centrepiece of the post-crisis regulation, Parliament is showing a desire to go forward in accordance with the objectives set in 2009 at the G20 in London and Pittsburgh. In the words of my colleague Mr Canfin, the negotiator of the report for the Group of the Greens/European Free Alliance: ‘Parliament’s vote marks a big step in the regulation of unregulated areas in the financial sphere. The derivatives market has for too long remained self-regulated. Parliament has decided to give clear support to the European Commission’s proposal. With this reform, over-the-counter derivatives, which are currently treated in a bilateral manner, will move towards clearing, which will reduce systemic risk.’"@en1

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