Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-399-750"

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"en.20121120.28.2-399-750"2
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"I support the ideas set out in this report because they are an essential complement to the measures adopted in the financial supervision package in order to prevent and avoid systemic risks and monitor the whole of the financial system. Indeed, the gradual tightening of controls on traditional banking could encourage more innovative practices in order to avoid those controls and resorting to practices linked to shadow banking. This is why we need to get ahead of the game and complete the framework for regulating and preventing the risks that could arise from these practices, both for the financial system and for its users."@en1

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