Text tabled : A7-0223/2011

  Diogo Feio (PPE), in writing. – (PT) This report is intended to improve the transparency and regulatory oversight of the over-the-counter (OTC) market, and is coming out in the context of increased supervision of Europe’s financial sector. It stipulates that all information on OTC derivative transactions should be communicated to trade repositories and the competent supervisory authorities, including the European Securities and Markets Authority, so as to ensure that these authorities will have a comprehensive view of this specific market. In this way, the intention is to increase considerably the stability of the financial markets and prevent future disturbances therein. I agree with the rapporteur, Mr Langen, whom I would congratulate on his conclusions.