Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-437-500"
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"en.20110705.34.2-437-500"2
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"−
I voted for the resolution because I agree that Member States should encourage an institutionalised dialogue between consumer protectors, authorities, supervisory authorities and investor compensation schemes to prevent further compensation cases. I agree that Member States should establish a dialogue framework to detect problems at an early stage and report problems such as dysfunctional market practices, conspicuous providers, products or company structures to supervision and investor compensation schemes. I also agree that the power to adopt acts in accordance with Article 290 of the Treaty on the Functioning of the European Union (TFEU) should be delegated to the Commission in respect of the determination of the method to calculate the target fund level to be established by the schemes and to modify this target fund level, the percentage of the determined ceiling of the funds available for lending between national compensation schemes, and the procedure for dealing with investors’ claims. Furthermore, I agree that the power to adopt acts in accordance with Article 290 of the TFEU should be delegated to the Commission, in respect of amendments to the percentage of funds available for lending, taking into account the developments in the financial markets."@en1
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