Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-144-000"

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"en.20111013.19.4-144-000"2
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"I voted for this report because insurance guarantee schemes are a valuable instrument for reducing the risks facing insurance policyholders in the event of an insurance company going bankrupt. I think that there needs to be a coherent and consistent cross-border framework at EU level for national insurance guarantee schemes in Member States, whose role is to offer consumers last-resort protection when insurance companies are no longer able to meet their contractual obligations. Taxpayers’ exposure to the failure of financial institutions must be kept to a minimum through effective and proportionate supervision by national and European supervisory authorities."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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