Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-149"

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"en.20101111.21.4-149"2
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"Mr President, alternative investment funds are of very great significance to the Union’s economy. The managers of these funds have to keep to legislation and standards which enable the provision of services in the territory of Member States, and supervision of financial markets has to be accurate and effective. To this end, we must eliminate every lack of precision in the legal and administrative systems responsible for these funds. The proposals which have been submitted improve the transparency and efficiency of systems of supervision, and the greater effectiveness of legislation will bear fruit in an improvement in the stability and credibility of financial institutions, and, as a result, an improvement in the European economy."@en1
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