Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-07-11-Speech-3-510"

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"en.20070711.22.3-510"2
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". I voted in favour of the own-initiative report by Mrs van den Burg, in response to the Commission's White Paper on Financial Services Policy 2005-2010. I am pleased that this report congratulates the Commission on its priorities of consolidating the European financial market, removing obstacles to the free movement of capital and improving control of financial services. Concentration risks, attention to new alternative financial instruments, access to finance, particularly to microcredit, analysis of the systemic risk of serious financial crisis, etc. are all areas where European citizens expect improved security, through the regulation and control of these activities. The citizens’ inadequate financial culture is also a concern. I would like to congratulate my colleague, Mr Gauzès, draftsman of the opinion of the Committee on Legal Affairs, on his work. He is right to highlight the importance of impact analyses for completely new European legislation or significant legislative amendment, which are carried out in a highly unsatisfactory manner by the Commission."@en1

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