Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-433"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Specific tasks for the European Central Bank concerning the functioning of the European Systemic Risk Board - Powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority - European Securities and Markets Authority - Macro-prudential oversight of the financial system and establishment of a European Systemic Risk Board - European Banking Authority - European Insurance and Occupational Pensions Authority - Cross-Border Crisis Management in the Banking Sector (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20100706.28.2-433"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4342
lpv:speaker	lp:Peter Skinner2
lpv:spoken text	"Mr President, Bill Shankly, a famous Liverpool football manager was once asked by columnists whether he thought football was a matter of life and death. He replied ‘no, it’s much more serious than that’. I think that the passion which he showed then is also being shown by many of the rapporteurs and the shadows in this particular field. I would like to thank everybody who has participated in this. We have converged from different directions but we have come out with a strong Parliament voice. I think it is convincing – here we stand united – being able to convince many that this is right and appropriate at the European level of discussion. The White Paper on the insurance guarantee scheme which you mentioned, Mr Commissioner, is, in fact, very important for us, and we look forward to that. Alongside the issues of binding mediation, it carries us towards what Sharon Bowles was referring to in terms of the issue of group support – something which was left out of Solvency II. Indeed, in terms of supervision, on a scale of things, I think we can be rightly proud that what we have is still a very ambitious project, something that I believe will lead to the right actions at European level in the future. We should be proud. On an international level, we should be proud too. I would agree with you, Mr Commissioner, that in comparison with the United States, we can speak positively about what we have done in our backyard on structural reform that the United States has failed to achieve, even in its most recent finance bill, especially in insurance, and that we can take this to Washington when we need to. However, I do not necessarily agree with you on international financial accounting. You will not be surprised to hear that. I do not agree with using historical trends. Nevertheless, on supervision, the rapporteurs deserve a pat on the back. We have far to go and I think it is close, but it is like a game of football after all. We have gone through full time, we are now in extra time. Let us hope it does not have to go to a penalty shoot-out."@en1
lpv:spokenAs	unknown; Labour Party (2009-07-14--2014-06-30)3 substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; S&D (2009-07-14--2014-06-30)3 substitute; ITRE (2009-07-16--2012-01-18)3 member; ECON (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Japan (2009-09-16--2014-06-30)3 member; Delegation for relations with the United States (2009-09-16--2014-06-30)3
lpv:unclassifiedMetadata	"Peter Skinner,"1 "rapporteur."1
lpv:videoURI	<go to Events_and_structure europarl>2

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