Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-277-000"
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"en.20120329.36.4-277-000"2
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"Madam President, I voted for this report as I think that it is timely in the context of the warnings about a new recession in the euro area. The European business sector needs a clear, predictable legal framework. Corporate social responsibility must be a priority in companies’ policy. I should mention the importance of rules governing the independent auditing of European companies. A higher degree of transparency is also required in order to avoid the mistakes which triggered the current crisis.
I also think that the dual administration model must be promoted, which is just as widely used in Europe as the unitary system. Incorporating both versions in the new legal framework will ensure consistency in the commercial chain.
As shadow rapporteur for corporate governance in financial institutions, I should mention how important stringent minimum standards are for good governance in the EU’s financial sector."@en1
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