Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-317-750"
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"en.20120329.36.4-317-750"2
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"Legislative action in this area is welcome, especially in the light of the responsibility that the derivatives market bears in triggering the economic and financial crisis that we are still experiencing. Improving regulation in this sector means bringing transparency, clarity and stability to the financial markets, in addition to reducing the numerous risks that this market entails. By introducing uniform requirements for acting as central counterparties and trade repositories, this proposal fulfils that function. For these reasons, I voted in favour."@en1
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