Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-03-11-Speech-2-280"

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"en.20030311.11.2-280"2
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"First of all I should like to thank Mr Karas for his report. It has been no easy task to reach a compromise on such a complex issue as the supervision of occupational retirement provision. I can support the compromise reached in principle, although it is a weaker proposal than I would like to have seen. I have submitted three amendments on behalf of the EDD Group, but also at the request of a number of fellow Members from other groups. I would like greater clarity from Commissioner Bolkestein on this. Is the European Commission prepared to promise that it will take account of the matters referred to in the amendments in the implementation phase of the directive? What promises can you make with regard to the subject of the annual reports and associated administrative burdens, as stated in the amendment to Articles 10 and 11? A second question concerns the amendment to Article 18, Paragraph 2. Are you prepared to review the absolute prohibition of loans and to give Member States the option of prohibiting them if so desired? In Recital 8 there is after all clear reference to the principle of subsidiarity. This recital is not in my view consistent with the prohibition provision in Article 18. If I receive a satisfactory answer to my questions, I will be prepared to reconsider my amendment. Finally, let me comment on the Dutch translation of the revised Amendment No 32, in which the words ‘or has a licence’ have been omitted in error. The English text contains the words ‘or authorised’ and I think that this is what must appear in the Dutch text too."@en1

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