Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-10-09-Speech-3-146-859"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2013-10-09"^^xsd:date2
dcterms:Is Part Of	lp_eu:Interinstitutional Agreement between the European Parliament and the ECB on cooperation on procedures related to the Single Supervisory Mechanism (A7-0302/2013 - Carlo Casini)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20131009.24.3-146-859"2
lpv:hasSubsequent	lp_eu:2013-10-09-Speech-3-146-9062
lpv:speaker	lp:Phil Prendergast2
lpv:spoken text	"The agreement between Parliament and the European Central Bank (ECB) within the framework of the Single Supervisory Mechanism is a welcome step forward in terms of oversight and democratic accountability – particularly given the scope of the Bank’s activity – as part of the EU response to the crises triggered in the eurozone on foot of the near-collapse of the financial sector. The competences with which the ECB is being entrusted in relation to prudential supervision of credit institutions entail significant responsibility for the stability of the EU financial system and the soundness of its credit institutions. The obligations placed on the Bank, to submit a yearly report to Parliament at a public hearing, to take part in ordinary and ad hoc meetings with Parliament and to provide Parliament with answers upon request, stem from the imperative to hold it accountable for these new EU powers before a democratically elected institution. The same goes for the requirement that Parliament should approve the Chair and Vice-Chair of the ECB Supervisory Board after a committee hearing."@en1
lpv:spokenAs	member; S&D (2011-04-21--2014-06-30)3 member; Delegation for relations with the United States (2011-05-09--2014-06-30)3 substitute; PETI (2012-01-19--2014-06-30)3 substitute; AGRI (2012-01-19--2014-06-30)3 member; IMCO (2012-01-19--2014-06-30)3 unknown; Labour Party (2011-04-21--2014-06-30)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2011-05-05--2014-06-30)3
lpv:unclassifiedMetadata	"Phil Prendergast (S&D ),"1 "in writing"1

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