Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-23-Speech-3-245-000"
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"en.20110323.21.3-245-000"2
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"Mr President, achieving a Consumer Rights Direcive, so establishing a horizontal instrument that will simplify, summarise and complement the four already-existing directives, is positive.
An internal market characterised by a high level of consumer protection is key to sustainable growth and employment.
To achieve it in accordance with the Treaty, the Member States must not be prevented from adopting measures that increase consumer protection. Therefore, full harmonisation should only be used on those aspects necessary to achieve a consistent framework for cross-border transactions, in order to add value.
There is a broad consensus in the Committee on Economic and Monetary Affairs that financial services must form an integral part of this regulation in order to make it truly horizontal, that it should be coordinated with sectoral legislation at EU and national level so that there are no gaps, and that specialist advice should be sought.
This guideline is not satisfactorily reflected in the text so it needs to be fine-tuned before the final vote.
We still also have yet to make progress toward a European Consumers’ Charter in the field of financial services."@en1
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