Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-414-125"

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	"pt"^^xsd:language2
lpv:document identification number	"en.20110705.34.2-414-125"2
lpv:hasSubsequent	lp_eu:2011-07-05-Speech-2-414-2502
lpv:speaker	lp:João Ferreira2
lpv:spokenAs	member; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-09-16--2013-02-03)3 unknown; Partido Comunista Português (2009-07-14--2014-06-30)3 substitute; ENVI (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the countries of the Andean Community (2009-09-16--2014-06-30)3 member; EUL/NGL (2009-07-14--2012-02-06)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 member; PECH (2009-07-16--2012-01-18)3
lpv:translated text	"This report falls within the range of legislation that is currently being discussed in Parliament. Its objective is to monitor the financial system, increase transparency and, more specifically, reduce the risks of derivative markets and short-selling, and strengthen the protection of investors. As we have been saying, the measures already in place and those now proposed do not give the response that is required for the financial system’s lack of regulation. This is not to say that, in some cases, the existing situation is not being improved. This is the case with this report on the supplementary supervision of the financial institutions of a financial conglomerate. In this case, for instance, there is concern on the part of the body responsible, about supervision on a consolidated basis, encompassing the parent company and all the institutions of the banking group related to the requirements of the legislation for the sector. These are positive steps, yet they are insufficient to resolve the problems which exist and, for this reason, we abstained from the final vote."@en1

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