Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-19-Speech-2-227"
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"en.20070619.37.2-227"2
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".
As a member of the committee of inquiry, I have looked into the quality aspects of legislation.
The committee of inquiry has concluded that whilst the Commission monitors the formal transposition, it does not sufficiently monitor the application. Is legislation transposed correctly and is it transposed in such a way as to ensure that its application complies with the objectives of European legislation?
We as MEPs should also monitor to a far greater extent what happens with legislation in the Member States once we have approved it. As I see it, the responsible rapporteur should monitor what is subsequently done in the Member States. The rapporteur needs to sound the alarm bell when things go wrong and if necessary, get the Commission to take action. I would also counsel in favour of including the national parliaments.
Structured cooperation between the Member States in the area of national supervisors leaves a great deal to be desired. This is not only affecting supervision in the area of financial markets, but also in all kinds of other areas. In the Member States, the number of independent supervisors is increasing. The big question is: who supervises these supervisors? And who supervises the quality of cross-border cooperation between supervisors? Is this not where the European Commission could play a substantial role?"@en1
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