Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-245"
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"en.20100922.20.3-245"2
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"From Poland’s point of view, but also from that of the Union as a whole, it is a matter of the greatest importance that we have uniform legislation. A number of regulations, which are part of the financial supervision package, have been brought into force today. The financial crisis revealed a series of weak points in the global financial system, including a lack of appropriate supervision of financial institutions in Europe. In response to those deficiencies, we have adopted proposals which are intended to strengthen the supervision of financial markets in the EU.
From the outset, Poland was in favour of appointing strong and independent supervisory bodies which would have the ability to issue binding decisions at supranational level. It was important for us that the supervisory bodies, which are going to be European in character, should be very strong bodies and should have a very broad range of competences.
We have been able, in large measure, to achieve this objective. It should also be noted that the solutions which have been found are satisfactory. They are solutions which reconcile the national interests of the 27 Member States. Credit for this is, to a great extent, due to the European Parliament. For the first time on matters of finance, Members of the European Parliament have spoken unanimously and have reached agreement as to the legitimacy of the decisions which have been made."@en1
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