Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-375-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-09-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:Proposals for a European banking union (EBU) (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20120912.22.3-375-000"2
lpv:hasSubsequent	lp_eu:2012-09-12-Speech-3-376-0002
lpv:speaker	lp:Wolf Klinz2
lpv:spokenAs	substitute; CRIM (2012-03-28--2013-10-23)3 member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3 member; ALDE (2009-07-14--2014-06-30)3 substitute; TRAN (2012-01-19--2014-06-30)3 unknown; Freie Demokratische Partei (2009-07-14--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 vice-chair; Delegation for relations with Canada (2009-09-29--2014-06-30)3
lpv:translated text	"Mr President, Commissioner, two years ago the European Parliament came to the conclusion that the European internal market for financial services also needs European supervision and it proposed establishing this supervision with, but not in, the European Central Bank, so as not to put the Bank’s independence at risk. The Commission now suggests establishing such supervision within the ECB and first focusing its work on the financial institutions of the euro area. The European internal market for financial service providers involves more than just the euro area, however. For this reason I believe it is crucial for us to act as quickly as possible to place not only the financial institutions of the euro area under this supervision, but also the entire European Union. The first step should be at least to place all the countries that have committed themselves to introducing the euro, in other words all countries except Denmark and the United Kingdom, under this supervision. It is important that this supervision should not become a bureaucratic monster. That is why it is crucial that the share-out of tasks between the ECB and the national supervisory bodies should be clarified quickly. It is also necessary to clarify the share-out of tasks between the ECB and the European Banking Authority (EBA). Democratic legitimation has been mentioned more than once here. The key is that the accountability of this supervision is assured without putting the independence of the bank at risk. One more point: the project must be implemented in such a way that citizens have no reason to be even more Eurosceptic. Be careful in your use of national rescue, resolution and deposit guarantee funds. Our citizens see this as their money and want it to be used in their own countries."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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