Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-258-875"

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"en.20121026.23.5-258-875"2
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". Together with the Markets in Financial Instruments Directive (MiFID), this regulation forms the legal framework governing the requirements applicable to investment firms, regulated markets and data reporting services providers, in order to reinforce the transparency and improve the functioning of the internal market in financial instruments. The adoption of a regulation guarantees that the requirements are directly applicable to investment firms and provides fair conditions for all, avoiding the diverging national requirements that would result from transposition of a directive. Therefore, standards will be applied in a uniform manner throughout the European Union and to all market participants. It will be possible to trade financial instruments on regulated markets through multilateral trading facilities (MTF) and organised trading facilities (OTF), which will also bring greater transparency to the market. A guarantee of more efficient and assertive operation of the high-frequency markets will be another advantage of this new legislation. In view of the progress and improvements to the market made by this legislation, I voted in favour of this report."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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