Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-14-Speech-1-199"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-06-14"^^xsd:date2
dcterms:Is Part Of	lp_eu:Derivatives Markets: Future policy actions (short presentation)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20100614.25.1-199"2
lpv:hasSubsequent	lp_eu:2010-06-14-Speech-1-2002
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"Madam President, I welcome Mr Langen’s report as part of the difficult path towards effective regulation of derivative products. It has been clearly shown that the lack of transparency in this field can cause the build-up of unknown risk in our financial system. However, Mr Langen’s report also recognises that derivative products also serve the opposite purpose of dispersing risks for businesses, small and large, which are going to be the foundation of economic recovery in Europe. I am glad that Parliament has clearly voiced its opinion that many end users should be exempt not just from clearing, but from collateralisation and capital requirements as well. Although I do not agree with everything in Mr Langen’s final report, particularly with regard to the banning of certain types of products, as I believe this needs considerably more research to avoid the financial innovators finding simple way of rebranding or engineering even more complex products to get around overly prescriptive rules, I am, however, confident that the process of European and global law-making continues and that we will come up with a workable and effective solution for derivative instruments."@en1
lpv:spokenAs	member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2012-03-27)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 substitute; AFET (2009-09-07--2010-06-23)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne (ECR )."1
lpv:videoURI	<go to Events_and_structure europarl>2

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The resource appears as object in 2 triples

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