Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-154-125"

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"The Commission’s tabling of a proposal on this issue will be timely, since this report will make a significant contribution to the architecture of a future European directive on insurance guarantee schemes (IGSs). The rapporteur’s approach to the main points for consideration seems correct to me, and it stresses the following priorities: ensuring consumer protection in the event of insurer bankruptcy; ensuring equal consumer protection regardless of the ‘home’ state of the insurer; ensuring consumer protection in the event of fraud or mis-selling; and ensuring taxpayer protection in the event of IGS failure. We can achieve all of this through a minimum harmonisation directive that ensures the proper level of consumer protection."@en1

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