Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-264-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20121026.23.5-264-500"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-264-7502
lpv:speaker	lp:Sergio Paolo Francesco Silvestris2
lpv:spokenAs	substitute; BUDG (2012-01-19--2014-06-30)3 member; AGRI (2012-01-19--2014-06-30)3 substitute; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 member_of_the_bureau; EPP (2012-02-03--2014-06-30)3 unknown; Il Popolo della Libertà (2009-07-14--2013-12-11)3 member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2014-06-30)3
lpv:translated text	". The global dimension of the financial crisis and its consequences that have fallen upon banks, enterprises, workers and States, compels us to look with particular clear-sightedness at the need for financial market transparency, in order to boost the financial system. For many years the lack of transparency has resulted in total asymmetry with an imbalance in favour of the strong side of the market and not at all protective of savers. Self-regulation of intermediaries has also proved disastrous, shaking the very concept of market to the core. I would therefore like to emphasise the importance of a single set of rules to govern all financial institutions, in order to provide legal certainty and to simplify existing regulations. The financial crisis is also, if not above all, a crisis of trust, and trust needs to be rebuilt with rules, transparency and justice. I believe that EU legislation represents an unmissable opportunity to rebuild trust and make a lasting contribution to facilitating the way out of the current very serious crisis. For this reason I voted in favour."@en1

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