On the Agenda: Market manipulation and human rights
  • il y a 11 ans
Hello. Next week, the MEPs will meet here in Brussels and their agenda is already very full. As negotiations continue behind the scenes on CAP and fisheries reforms in particular, MEPs will meet in committees. Traders from different banks who send each other emails to lower or raise inter-bank interest rates... This was the Libor scandal, uncovered a few months ago: rate manipulation to generate bigger profits for the banks concerned. A bombshell for the sector that the MEPs want to avoid in future. That's why next Monday, Internal Market Commissioner Michel Barnier and other financial and banking sector experts will be heard in the Parliament. The two objectives are to combat market manipulation and to restore confidence after the Libor scandal. Another hearing is also on Monday's agenda. While a new directive on consumer rights was adopted hardly a year ago, the Commission is already speaking of adding a Common European Sales Law. The aim is to go further in normalising contracts between companies and consumers. But is it really necessary? Universities and consumer organisations are trying to answer this question. The latter believes it may lead to weaker protection. A high point this week for human rights. Who will follow the five Arab Spring activists who won the Sakharov Prize in 2011? We won't know before October, but the nominees proposed by the MEPs will be unveiled next week. Pussy Riot should feature on the list alongside a Belarusian activist, three imprisoned opposition representatives in Rwanda and two Iranian intellectuals. Have a good week.

EuroparlTV video ID: a420c597-25ec-4ba3-b95a-a0d201264e49
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