Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-402-843"

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	"ro"^^xsd:language2
lpv:document identification number	"en.20121120.28.2-402-843"2
lpv:hasSubsequent	lp_eu:2012-11-20-Speech-2-402-8752
lpv:speaker	lp:Silvia-Adriana Țicău2
lpv:spokenAs	unknown; Partidul Social Democrat (2009-07-14--2014-06-30)3 member; Delegation for relations with India (2009-09-16--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the Mercosur countries (2009-09-16--2014-06-30)3 substitute; ITRE (2012-01-19--2014-06-30)3 vice-chair; TRAN (2012-01-23--2014-06-30)3
lpv:translated text	". − I voted in favour of the European Parliament resolution on Shadow Banking as the shadow banking sector fulfils important functions within the financial system. According to the definition given by the Financial Stability Board, shadow banking refers to the system of credit intermediation that involves entities and activities outside the regular banking system. Regulated entities in the regular banking system take part extensively in those activities defined as part of the shadow banking system, and are in many ways interconnected with shadow banking entities. The shadow banking system creates new sources of financing and offers investors alternatives to bank deposits, but it can also entail potential risks in terms of financial stability in the long term. I voted to make bank balances more reliable and we invite the Commission to come up with a legislative proposal for a separation of retail and investing activities of banks. We call on the Commission to undertake comprehensive impact assessments of the effects of all new legislative proposals on the financing of the real economy."@en1

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