Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-155"
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"en.20100922.20.3-155"2
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"I welcome the package of proposals for creating a more effective, more integrated and more sustainable system of financial supervision within the EU, the aim of which is to address the failure of European financial supervision which became apparent during the recent financial crisis, to the surprise of all of us.
I fully support the submitted draft regulation setting out a new structure for financial supervision, because the earlier negative experience clearly highlighted the need for regulation, more effective supervision and far-reaching reform in this area. I believe that greater competition based on the creation of equal and transparent conditions for all, as well as the provision of a unified regulation, will help to guarantee adequate protection for depositors, investors and consumers in the European Union."@en1
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