1. Competent authorities shall exercise the supervisory powers including, investigatory powers and powers to impose remedies, referred to in Article 69 and the powers to impose sanctions referred to in Article 70 in accordance with their national legal frameworks:

Ms. Marlene Jennings: Are you aware of the oversight mechanisms that exist in Ontario for investigations of public complaints against the police that come under Ontario provincial government jurisdiction—that means the OPP—and the municipal police, that they have had those powers without requiring a warrant since Ontario has had oversight; that in Quebec those powers have existed since 1968, with the creation of the Quebec Police Commission, which was abolished in 1990 with creation of its replacement, the police ethics commissioner; and that B.C. and every single province has that power?

whether, notably in light of the progress achieved with regard to the issues referred to in (c), the role of the Authority in the supervision of financial market participants posing a potential systemic risk should be strengthened and whether it should exercise enhanced supervisory powers over those market participants;

whether, in particular in light of the progress achieved with regard to the issues referred to in point (c), the role of the Authority in the supervision of financial institutions posing a potential systemic risk should be strengthened and whether it should exercise enhanced supervisory powers over those institutions;

(3) supervision: since July 2011, ESMA exercises exclusive supervisory powers over credit rating agencies registered in the EU and has comprehensive investigative powers including the possibility to demand any document or data, to summon and hear persons, to conduct on-site inspections and to impose administrative sanctions, fines and periodic penalty payments.

The Committee on Justice and Human Rights should exercise its oversight capacity respecting these annual reports and make appropriate recommendations where necessary.