Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-431-250"

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.20110705.34.2-431-250"2
lpv:hasSubsequent	lp_eu:2011-07-05-Speech-2-431-5002
lpv:speaker	lp:Ilda Figueiredo2
lpv:spokenAs	vice-chair; Delegation for relations with the countries of Central America (2009-09-16--2012-01-17)3 unknown; Coligação Democrática Unitária (PCP-PEV) (2009-07-14--2012-01-17)3 vice-chair; EUL/NGL (2009-07-14--2012-01-17)3 vice-chair; EMPL (2009-07-16--2012-01-17)3 member; FEMM (2009-07-16--2012-01-17)3 substitute; ITRE (2009-07-16--2012-01-17)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2012-01-17)3 substitute; Delegation for relations with the Mercosur countries (2009-09-16--2012-01-17)3
lpv:translated text	"− This is yet another report under the umbrella of concerns about regulating some aspects of how the financial sector operates. Although totally inadequate, it seeks to improve conditions for protecting consumers, either by increasing the value of the compensation guarantee or through the controls it seeks to introduce. However, it does not go far enough as regards either sums or control actions. The Commission proposes just EUR 50 000 in compensation, while the figures for three Member States are already higher. Parliament proposes EUR 100 000, which is also being demanded by one Member State. There are also some concerns regarding fraud, administrative negligence and operational errors by investment companies in the European Union, whilst calling for financial supervision by national authorities. However, they do not go very far. As such, whilst we believe some aspects of regulation will be improved, we are also aware that the financial sector will seek other ways of continuing to maintain its profits. That is why we abstained from voting on the measures introduced."@en1

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