Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-07-03-Speech-1-114"

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"Mr President, I would like to congratulate Mrs Paciotti for the work she has done on this report and to extend my thanks to Commissioner Bolkestein, who has regularly sent his officials to assist the work of the committee I have the honour to chair in dealing with this report. Data protection, which is essential to privacy, poses huge challenges in an age of electronic communication. If we are frank, we will admit that no government has yet found a way to offer adequate protection to its citizens. In the European Union the route of regulation through legislation has proven far from perfect. In the US, the route of self-regulation has also brought up serious problems, as the report from the Federal Trade Commission to Congress last month shows us. Liberal Democrats have taken the view that the proposals in this draft agreement beg many questions, but that on balance, and since this is the deal on offer, it is better to have regulation to allow this valuable trade to grow than to allow anarchy to reign. There has been much debate in my group about the impact and the legal effect of this report. I take the view that this report says yes, but – quite rightly – requires firms participating in the safe harbour to agree to pay compensation in the case of individuals suffering damage from abuse of data held on them. In my view this is necessary for consumer confidence, which is a fickle thing, but others, probably the majority in my group, will support Amendment Nos 1 and 2 which they believe clear up all legal uncertainty. Clearly, we cannot know how the United States will react to our concerns. I am guided by the considerable economic interest of the USA in having this agreement, but I recognise that others are guided by a deep concern about the current lack of protection and a burning desire to see even the limited protection offered by this agreement. Either way, it remains our hope that legislative developments on the other side of the Atlantic will render the safe harbour obsolete and we salute the Commission in the work they have done in achieving what they clearly believe is the best achievable result."@en1
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