Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-882"

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"en.20100707.23.3-882"2
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"In the context of the crisis, I believe it is important to make provision for new mechanisms that can prevent considerable damage to consumers and increase the transparency and security of financial markets. I therefore support the creation of a European crisis management framework, along with a common set of rules to be followed by national supervisory authorities. The creation of a risk assessment panel and criteria for such evaluation must be well defined before the event and with the necessary caution. This is the only way to ensure that there will be no additional occurrence of risk for any institutions that start going through hard times. This cannot be exacerbated by information that is extemporaneously known by the market. If that happened, it would mean running the risk of falling into failure, which is totally undesirable."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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