Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-403-000"

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"en.20121120.28.2-403-000"2
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". − Since the start of the financial crisis in 2007, the G20 decided upon a whole series of regulatory measures to make the financial system safer and more sustainable. Since then, amongst a lot of other measures, the capital requirements for financial institutions have been strengthened. In spite of these changes, much credit intermediation remains insufficiently monitored and regulated. Shadow banking takes place via entities or financial contracts generating a combination of bank-like functions but outside the regulatory perimeter or not under any regulatory regime. Action should be taken against shadow banking."@en1

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