Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-01-14-Speech-2-251"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2003-01-14"^^xsd:date2
dcterms:Is Part Of	lp_eu:Clearing and settlement in the European Union2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20030114.7.2-251"2
lpv:hasSubsequent	lp_eu:2003-01-14-Speech-2-2522
lpv:speaker	lp:Johannes Blokland2
lpv:spokenAs	unknown; ChristenUnie - Staatkundig Gereformeerde Parti (2002-03-18--2004-07-19)3 member; Delegation to the European Economic Area Joint Parliamentary Committee (EEA) (2002-02-07--2004-07-19)3 member; ECON (2002-01-17--2004-07-19)3 vice-chair; Delegation to the EU-Slovak Republic Joint Parliamentary Committee (2002-02-07--2004-04-30)3 co-chair; EDD (2001-01-30--2004-07-19)3 member; Committee on the Environment, Public Health and Consumer Policy (2002-01-17--2004-07-19)3
lpv:translated text	"It has recently become clear in Europe and in the USA how sensitively financial markets react to various developments. Stability in the financial markets is continuously under fire, with all the repercussions that this has on consumer confidence in the economy. Stability in the financial markets can be aided by effective management based on clear regulation. Mr Andria’s report on promoting the efficient settlement of securities therefore requires our full attention. Given the complexity of the way securities are organised, there is no simple solution. I would, however, like to emphasise that a solution must be transparent and controllable. That is in the interests of confidence in the financial markets. An inquiry into competition aspects as described in paragraph 15 can contribute to creating a transparent securities market. I believe that we can look back on the way in which this Parliament worked to eliminate obstacles to cross-border payments last year. At that time too, all the organisations, rules and interests formed a complex whole. Yet it turned out to be possible to eliminate virtually insurmountable obstacles. It is therefore high time we made sure that where there is an internal securities market, the numerous settlement costs do not obstruct cross-border transactions in this market."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph