Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-13-Speech-1-089-000"

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"Mr President, the proposed directive contributes, firstly, to the integration of the single market. Secondly, it contributes to a more efficient use of the resources of the Member States’ judicial systems Thirdly, it contributes to increased market transparency by easy access to relevant information. EU economic actors will benefit from updated and reliable information on potential business partners and on foreign legal systems. They need this information. This makes them able to assess to a larger extent the risks and benefits of starting a business or doing business in a particular country. Fourthly, it contributes to stronger, longer-term and more secure cross-border business. Fifthly, all of this will improve legal certainty and reduce the incidence of legal actions in commercial matters throughout the EU. Those are some benefits of this directive. Using the e-justice portal as an electronic access point to legal provisions, information about registers and European and national databases is an inspired choice. Initially designed to support judicial and police cooperation, this tool is now being extended to administrative cooperation in relation to the functioning of the single market. This will consolidate the utility and reliability of the platform and will provide additional incentives for enhanced mutual trust between Member States’ administrations. The concrete procedures and technical specifications are being left for subsequent Commission implementing acts. This is why the Commission needs to foresee efficient means to ensure that data protection requirements will be observed and enforced effectively by all Member States. Particular attention should be paid to such procedures as effective automatic data transfers between registers, as provided for in the amended Recital 15. Overall, the new directive has the potential to enhance competition, in parallel with trust, by building confidence in the business environment of the internal market."@en1
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