Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-462"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies - Remuneration of directors of listed companies and remuneration policies in the financial services sector (debate)2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20100706.30.2-462"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4632
lpv:speaker	lp:Sławomir Nitras2
lpv:spokenAs	unknown; Platforma Obywatelska (2009-07-14--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 substitute; PECH (2009-07-16--2012-01-18)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with Afghanistan (2009-09-16--2011-09-28)3
lpv:translated text	"Madam President, it seems to me we have been able to do something very significant in regulating or creating a new framework for remuneration policy. On the one hand, we have managed to agree that the escalation of remuneration was one factor which helped cause the financial crisis. We have also been able to agree with each other that we have to increase the role of management bodies and particularly of supervisory bodies, including both internal and external supervision in companies. We have also agreed that general principles have to be established for situations when a completely independent management committee has to be formed in a company. We have finally managed to agree what previous speakers have talked about, that bonuses should be linked to long-term financial results and that they can be set aside. We were also able to agree with something else, which seems to me no less important – we were able to agree that remuneration policy, although undoubtedly incorrect, was not the main cause, and certainly not the only cause, of the financial crisis. I welcome this last point in particular, because if we had written this into the report – and there were such suggestions – we would have accepted information which is simply not true, and this would not have helped us fight the causes of the crisis. Thank you to all fellow Members for their cooperation on this report."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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