Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-399-913"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-11-20"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20121120.28.2-399-913"2
lpv:hasSubsequent	lp_eu:2012-11-20-Speech-2-399-9212
lpv:speaker	lp:Diogo Feio2
lpv:spokenAs	substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Partido Popular (2009-07-14--2014-06-30)3 member; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3 substitute; AFET (2012-01-19--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3
lpv:translated text	"− Since the start of the financial crisis in 2007, various financial regulation instruments have been adopted. However, there is still much that is outside the legislative sphere, including so-called shadow banking, which carries out its activity through entities or financial contracts that establish functions identical to those of banks. However, these are outside the scope of regulation, or within a regulatory framework that is tenuous or deals with other matters than systemic risks. As such, I endorse the rapporteur’s conclusions, particularly that instruments must be created to supervise this sector, with the European Central Bank playing an important role in this regard, and the possibility of creating a public entity to oversee the sector should be studied."@en1

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