Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-626-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-02-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Third-country legislation and EU data protection laws (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20120215.28.3-626-000"2
lpv:hasSubsequent	lp_eu:2012-02-15-Speech-3-627-0002
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"Mr President, time and time again in the Committee on Economic and Monetary Affairs, when we have considered the Alternative Investment Fund Managers Directive (AIFMD), short-selling, the European Market Infrastructure Regulation (EMIR) and now the Markets in Financial Instruments Directive (MiFID), we have dealt with the issue of the extra-territorial implications of US legislation. The European institutions have all stated their commitment to maintaining open markets in order to keep investment flowing around the world. However, we are yet to come up with a clear solution to the questions being raised tonight. As a result, we are having to insert clauses in our EU financial services legislation in order to give the EU equal weighting to the US in the regulation of financial entities and products. We have been forced to incorporate word-for-word in EMIR what I consider to be protectionist language from the Dodd-Frank Act. This does not seem to be an optimal solution to this problem, but I cannot yet see an alternative to US regulatory overreach into European companies and markets. The implications of these extra-territorial provisions for access to and from our financial markets for Asia, Latin America and the rest of the world are yet to be seen, yet any solution that is proposed must, above all else, not just suit the US."@en1
lpv:spokenAs	member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2012-03-27)3 substitute; CULT (2012-01-25--2014-06-30)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne (ECR )."1
lpv:videoURI	<go to Events_and_structure europarl>2

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The resource appears as object in 2 triples

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