Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-333-250"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-09-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20110913.34.2-333-250"2
lpv:hasSubsequent	lp_eu:2011-09-13-Speech-2-333-5002
lpv:speaker	lp:Zigmantas Balčytis2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3,3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3,3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3,3 member; CONT (2009-07-16--2012-01-18)3,3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3,3 member; ITRE (2009-07-16--2012-01-18)3,3 substitute; TRAN (2009-07-16--2012-01-18)3,3
lpv:translated text	"I voted in favour of this report. Quality auditing is fundamental for economic stability and market confidence, since it provides guarantees concerning the genuine financial health of companies. At the beginning of the crisis, excessive risk taking on the part of financial institutions was significantly linked to inflexible, scant and ineffective control and risk management mechanisms, particularly in systemically important financial institutions (SIFIs). I agree that discussions must be held at EU level on strengthening the role of the audit committees of all financial institutions, and International Standards on Auditing (ISAs) urgently need to be adopted because this would make it possible to harmonise audits at European level and facilitate the task of supervisory bodies. The Commission should also take appropriate action to ensure equal competitive conditions for all firms operating on the auditing market and to simplify the rules governing auditing at European level."@en1

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