Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-969"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20101111.21.4-969"2
lpv:hasSubsequent	lp_eu:2010-11-11-Speech-4-9682
lpv:speaker	lp:Sylvie Guillaume2
lpv:spokenAs	member; LIBE (2009-07-16--2012-01-18)3 substitute; AFCO (2009-07-16--2012-01-18)3 substitute; FEMM (2009-07-16--2012-01-18)3 substitute; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-17--2014-06-30)3 member; S&D (2009-07-14--2012-01-18)3 unknown; Parti socialiste (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Mexico Joint Parliamentary Committee (2009-09-16--2014-06-30)3
lpv:translated text	"I voted for the text on managers of alternative funds because it is vital to legislate on this section of the financial markets, which implement strategies which are extremely risky and harmful to employment and the real economy. Many commendable advances have been made, such as, for example, the supervision of fund managers’ pay in order neither to encourage nor reward disproportionate risk taking, to give just one example. The directive is clearly going in the right direction, even though it does have some serious shortcomings. In particular, it is disappointing that supervision is left to national authorities and not to the European Securities and Markets Authority (ESMA) created recently at the time of the vote on the financial supervision package. We must remain vigilant and we need to be preparing right now the next steps towards putting the markets back at the service of the economy, and preventing new financial crises."@en1

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