Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-03-Speech-4-494-000"
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"en.20110203.25.4-494-000"2
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"I voted against and so I am very pleased with the outcome of this morning’s vote, in which Parliament has given the green light to the appointment of the Chairperson of the European Securities and Markets Authority (ESMA). The recent financial crisis has shown the extent to which close, careful supervision is needed in sectors which in the past have succeeded in dodging regulation. Many of the legislative proposals that we are examining in the Committee on Economic and Monetary Affairs, from derivatives to short selling, give ESMA considerable powers of surveillance and control, and so it is crucial that this authority should be enabled to get up to speed as quickly as possible."@en1
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