英语听力精选进阶版 14013

Europe agrees to new financial regulator

Summary

3 September 2010

The European Union has agreed to set up a series of financial regulators. The new regulators will monitor banks, insurance companies and trading on the financial markets.

Reporter:

Jonty Bloom

Report

The European Commission is keen to point out that this agreement will create a new EU-wide system of financial watchdogs which will complement¹ the work of the existing national regulatory bodies, not replace them.

But this is still a controversial move as it creates a system of EU-wide financial regulation especially over bodies such as credit rating agencies that can affect the whole European economy. And in an emergency the proposals will allow these new financial regulators to ban risky² financial investments altogether and require national regulators to take joint³ co-ordinated action.

Such powers will be controversial especially in the UK and Germany, which are worried that a new EU-wide system will undermine their own national regulators and threaten the success of financial centres like London and Frankfurt.

Jonty Bloom, BBC News, London

1 complement   

n.补足物，船上的定员；补语；vt.补充，补足

参考例句：

• The two suggestions complement each other.这两条建议相互补充。
• They oppose each other also complement each other.它们相辅相成。

2 risky   

adj.有风险的，冒险的

参考例句：

• It may be risky but we will chance it anyhow.这可能有危险，但我们无论如何要冒一冒险。
• He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。

3 joint   

adj.联合的，共同的；n.关节，接合处；v.连接，贴合

参考例句：

• I had a bad fall,which put my shoulder out of joint.我重重地摔了一跤，肩膀脫臼了。
• We wrote a letter in joint names.我们联名写了封信。