Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-07-Speech-4-928"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-10-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20101007.29.4-928"2
lpv:hasSubsequent	lp_eu:2010-10-07-Speech-4-3352
lpv:speaker	lp:José Manuel Fernandes2
lpv:spokenAs	substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2010-03-05--2014-06-30)3 member; BUDG (2009-07-16--2012-01-18)3 substitute; Delegation for relations with India (2009-09-16--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 substitute; ENVI (2009-07-16--2012-01-18)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; EPP (2009-07-14--2014-06-30)3 unknown; Partido Social Democrata (2009-07-14--2014-06-30)3
lpv:translated text	"I voted in favour of the resolution as I believe that the supervision and regulation of financial market participants are essential for safeguarding the interests of the public and the financial and economic stability necessary for development and progress. Moreover, the crisis that we are experiencing at present has shown that bank capital was clearly insufficient in terms of solvability and solvency. Capital requirements and countercyclical buffers should be proportionate to the size, level of risk and business model of a financial institution. On the other hand, I would like to highlight the appeal and warning to the Basel Committee on the importance of the necessary adjustments to the regulatory framework so that the European economy and banking sector, which are characterised by a strong interdependence, are not prejudiced and placed in a situation of competitive disadvantage on the global market."@en1

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