Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-399-843"

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". − I believe that there needs to be stricter monitoring of entities which perform banking functions but are outside the regulatory system. The shadow banking system is considered to be one of the triggers of the global financial crisis. It is closely linked to the regular banking system, which is causing many concerns in terms of systemic risks. I voted in favour of the report on Shadow Banking as I consider that no actor or financial instrument should remain outside the regulations. We need more stable and more efficient financial markets which are geared towards stimulating the real economy."@en1

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