Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-317-968"

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"en.20120329.36.4-317-968"2
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"I voted for this report. On 23 September 2009, the Commission adopted proposals for three regulations establishing the European System of Financial Supervision, including the creation of three European supervisory authorities (ESAs) to contribute to consistent application of Union legislation and to the establishment of high-quality, common regulatory and supervisory standards and practices. The three ESAs are the European Supervisory Authority (European Banking Authority) established by Regulation (EU) No 1093/2010 of the European Parliament and of the Council (EBA), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council (EIOPA), and the European Supervisory Authority (European Securities and Markets Authority) established by Regulation (EU) No 1095/2010 of the European Parliament and of the Council (ESMA). These authorities have a crucial role to play in safeguarding the stability of the financial sector. It is therefore essential to keep ensuring that the development of their work is a matter of high political priority and that they are adequately resourced."@en1
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