Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-06-07-Speech-2-320-968"

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"en.20160607.27.2-320-968"2
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"I voted in favour of the proposal for a directive of the European Parliament and of the Council amending Directive 2014/65/EU on markets in financial instruments as regards certain dates. Pursuant to Article 93 of Directive 2014/65/EU, the Member States were to apply the measures transposing that Directive from 3 January 2017. However, due to the size and complexity of the data to be collected and processed for the new framework to become operational, in particular for transaction reporting, transparency calculations and reporting of positions in commodity derivatives and stakeholders, ESMA and NCAs are not in a position to ensure that the necessary data collection infrastructures will be in place and become operational by that date. In light of the exceptional circumstances and in order to enable ESMA, NCAs and stakeholders to complete the operational implementation, it is appropriate to defer the date by which the Member States need to apply the measures transposing this directive and the date by which the repeal of Directive 2004/39/EC is to take effect by 12 months until 3 January 2018."@en1
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2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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