Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-03-Speech-4-488-000"

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"en.20110203.25.4-488-000"2
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"− In November 2010, the European Parliament and the Council adopted, at first reading, an ambitious series of legislative proposals to reinforce supervision of the financial markets in Europe. These proposals provided for the creation of three new European supervisory authorities in the areas of insurance, securities and banking. The European Parliament has an important role in nominating the heads of these institutions: this House is competent to hold hearings with the chairs nominated by the national supervisors, on the basis of a shortlist compiled by the Commission, and can oppose their nomination. The candidates have had hearings before the Committee on Economic and Monetary Affairs, which has given its approval. On the basis of these premises, I voted for the Portuguese nominee for Chair of the European Insurance and Occupational Pensions Authority who, as is stipulated, is subject to strict rules regarding independence."@en1

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