Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-942"

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	"de"^^xsd:language2
lpv:document identification number	"en.20100922.20.3-942"2
lpv:hasSubsequent	lp_eu:2010-09-22-Speech-3-9412
lpv:speaker	lp:Andreas Mölzer2
lpv:spokenAs	substitute; AFCO (2009-07-16--2012-01-18)3 member; NA (2009-07-14--2014-06-30)3 member; AFET (2009-07-16--2012-01-18)3 member; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 unknown; Freiheitliche Partei Österreichs (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Chile Joint Parliamentary Committee (2009-09-16--2014-06-30)3
lpv:translated text	"The financial crisis actually brought to light numerous weaknesses in the financial system. Particularly in the sensitive area of insurance, reinsurance and occupational pensions, it must be ensured that risky financial products and house-of-cards constructions are not utilised. Recently, for example, an online insurer went bankrupt leaving its customers with claims out in the cold. Waves of complaints also revealed serious shortcomings in the advice given, where customers had been sold risky financial packages as secure arrangements for their occupational pensions. If we want to take the supervision obligation seriously, it will be necessary to deal with these sorts of problems that have surfaced in the EU and to create fair conditions. We need more stringent financial supervision. The establishment of a European Insurance and Occupational Pensions Authority does not seem to be the optimum solution, but it is better than nothing, which is why I voted in favour of it."@en1

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