Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-035-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120523.3.3-035-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, Ms Vestager, Commissioner, when discussing a proposal on financial regulation, in a very classical way, two arguments are put forward. The first is that it is only possible to act on the largest possible scale, if possible on a global scale, and that any descent to a lower level would lead to a risk of unfair competition. The second argument is to say, ‘Oh, no, but certain products, which are safe, have to be excluded’.
I would simply remind our fellow Members of the commitments made by the European Union, in particular through the members participating in the G20, who, in London, in April 2009, said, ‘We have decided that all financial institutions, markets and products of systemic importance should be subject to an appropriate level of regulation and supervision’. It seems to me that the taxation of financial transactions must also, under these conditions, cover undertakings for collective investment in transferable securities (UCITS) and pension funds, that the level of intervention at which we will be able to launch this proposal will be the correct level of intervention, and that the issue of risks must be assessed on a global scale and not simply always to protect them."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples