Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-893"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-09-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20100922.20.3-893"2
lpv:hasSubsequent	lp_eu:2010-09-22-Speech-3-8922
lpv:speaker	lp:Mário David2
lpv:spokenAs	substitute; INTA (2009-07-16--2012-01-18)3 member; AFET (2009-07-16--2012-01-18)3 member; SEDE (2009-07-16--2012-01-18)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Partido Social Democrata (2009-07-14--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the NATO Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 chair; Delegation for relations with the Mashreq countries (2009-09-17--2014-06-30)3 member; Conference of Delegation Chairs (2009-09-17--2014-06-30)3
lpv:translated text	"The proposed financial supervision and regulation architecture that is currently under discussion within the Union will not be able to operate efficiently if supervision continues to be fragmented at national level. On the basis of this principle, I am voting in favour of this report. It will clearly not be possible to avoid future crises. Nevertheless, it is possible to mitigate their social and economic impact on the Union by developing more finely tuned micro- and macro-prudential supervision mechanisms. The European Systemic Risk Board, as a macro-prudential supervisor, will therefore play a crucial role. However, while it cannot impose measures or sanctions on Member States or financial institutions, the credibility of its actions is assured not least because of the prestige and good reputation of the European Central Bank."@en1

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