Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-235-125"
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"en.20120214.15.2-235-125"2
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"I voted against the proposal of this legislative resolution on the technical requirement for credit transfers and direct debits in euro. Although it seems at first sight to be a technical measure to harmonise electronic banking systems in the euro area, the aim of this report is to force banks to use new methods of financial transfer and create an obligation to stick with those methods laid out by the EU. As such, the ‘idée fixe’ of this report is to force banks to make their systems compliant within the Single European Payment Area (SEPA) in order to strengthen the credibility of the euro. Whilst I concur that bank transfers should be safe and certain technical requirements should be introduced, in my opinion the authoritarian decision of the Commission is not the most effective and steadfast way."@en1
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