Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-430-375"
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"en.20110705.34.2-430-375"2
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"The 1997 Investor Compensation Scheme Directive allows customers who have received services from an investment company to receive compensation under certain circumstances, when the company is unable to pay the money or the financial instruments that it holds on behalf of the customer. Nevertheless, this directive leaves a lot of freedom to the Member States. The present proposal thus aims to improve the functioning of these compensation systems by clarifying their scope of application and by taking into account the financial crisis and the subsequent regulatory measures adopted by the EU. I support this general line, as well as that taken by the Committee on Economic and Monetary Affairs."@en1
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