Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-03-Speech-1-065"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2006-07-03"^^xsd:date2
dcterms:Is Part Of	lp_eu:Crisis of Equitable Life (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20060703.13.1-065"2
lpv:hasSubsequent	lp_eu:2006-07-03-Speech-1-0662
lpv:speaker	lp:Jean-Paul Gauzès2
lpv:spokenAs	member; Delegation to the EU-Romania Joint Parliamentary Committee (2004-09-15--2006-12-31)3 member; EPP-ED (2004-07-20--2009-03-22)3 member; ECON (2004-07-21--2007-01-14)3 substitute; JURI (2004-07-22--2007-01-14)3 member; Delegation for relations with Iran (2004-09-16--2007-03-13)3 unknown; Union pour un Mouvement Populaire (2004-07-20--2009-07-13)3 vice-chair; Committee of Inquiry into the crisis of the Equitable Life Assurance Society (2006-02-02--2007-06-19)3
lpv:translated text	"Mr President, I would like to begin by congratulating Mrs Wallis on her work on this interim report and on the clarity of her proposals; I would also like to say how much I agree with her proposed approach. I also agree with her on the points that must be examined in the weeks and months ahead. The exercise the Committee of Inquiry is engaged in is not an easy one. It needs first of all to look for the causes of the situation in which Equitable Life policyholders find themselves. In this regard, everything that the motion for a European Parliament resolution asks for and requires must be approved. Much is at stake, and the limits of the exercise need to be all the clearer because of that. As the previous speaker said, we must not lose sight of the fact that this is a parliamentary Committee of Inquiry. It is not a court of law able to hand down decisions on penalties or compensation. The information collected will, at the most, be useful for defending the victims’ interests, furnishing them with evidence that may be used in any proceedings they may take. On the other hand, the results of the investigations may make a crucial contribution to the development of European regulation. They may reveal the inadequacies of the rules laid down or the failings in how they are applied. There will, no doubt, be more general lessons to be drawn by Parliament itself, by the Member States and by the Commission when it comes to regulating and monitoring the decisions that are taken. The work that has begun must therefore be continued accurately, determinedly and dispassionately, and with no ambiguity as to the expected outcome, lest undue expectations again be raised for the victims."@en1

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