Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-414-042"

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"en.20110705.34.2-414-042"2
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"I voted for this resolution as I agree that financial conglomerates need to be identified throughout the EU, as they are exposed to risks as a group, based on common guidelines issued by the three European Supervisory Authorities, namely the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Market Authority, following their cooperation on the framework of the Joint Committee of the European Supervisory Authorities. It is also vital that the requirements for exemption from supplementary supervision should be applied based on risk, in accordance with these guidelines. This provision is particularly important in the case of larger conglomerates operating at international level."@en1

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