Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-413-000"
Predicate | Value (sorted: default) |
---|---|
rdf:type | |
dcterms:Date | |
dcterms:Is Part Of | |
dcterms:Language | |
lpv:document identification number |
"en.20110705.34.2-413-000"2
|
lpv:hasSubsequent | |
lpv:speaker | |
lpv:spokenAs | |
lpv:translated text |
". −
The recent financial crisis clearly highlighted concerns about the resilience and transparency of the over-the-counter (OTC) derivatives market because of the frequent use of the financial markets by non-financial companies, especially from the commodities and energy sectors, and because of the use of financial instruments for hedging purposes. Now we need to carry out a thorough evaluation of the regulations, otherwise market risks will arise which could have a negative impact on the food commodities and energy generation industries in particular. The systemic risk of OTC derivatives must be kept to a minimum and the process of regulating non-financial companies must be fine-tuned. The proposed amendment aims to make a number of procedures simpler, to prevent ‘clearing shocks’, to remove barriers to information and to introduce clear criteria for the regulatory decisions."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples