Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-440-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-07-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20110705.34.2-440-000"2
lpv:hasSubsequent	lp_eu:2011-07-05-Speech-2-441-0002
lpv:speaker	lp:Angelika Werthmann2
lpv:spokenAs	substitute; FEMM (2011-03-01--2012-01-18)3 member; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with the countries of South Asia (2009-09-16--2014-06-30)3 unknown; - (2010-07-14--2014-06-30)3 member; NA (2009-07-14--2012-07-03)3 member; PETI (2009-07-16--2012-01-18)3 substitute; Delegation to the EU-Croatia Joint Parliamentary Committee (2009-09-16--2012-07-03)3
lpv:translated text	". − The revision of Directive 97/9/EC and the supplementary directive on securities services, which were adopted in 1997 and replaced by the Market in Financial Instruments Directive (MiFID), is the result of numerous complaints by investors who have made significant losses. The objective is to restore the confidence of investors in the financial system. The proposal aims to improve the internal market for securities services, increase the protection available for investors and restore their trust. A better compensation scheme for investors will be put in place and loopholes in the existing regulation system will be closed. In addition, the differences between the protection available to the customers of brokerage firms and to bank investors will be removed. The proposal is based on the principle of proportionality. All the solutions will be evaluated to ensure their cost-effectiveness and the special features of the markets in the individual Member States will be taken into consideration."@en1

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