Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-152-500"

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"en.20111013.19.4-152-500"2
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"I welcome this report by my friend, Peter Skinner. Insurance guarantee schemes (IGS) are considered a valuable tool in reducing the risks facing policyholders in the event of the failure of an insurance entity. Parliament has repeatedly demonstrated its support for consideration of an EU-level approach (Solvency II, Article 242; EIOPA, Article 26), and your rapporteur supports in principle the proposals put forward by the Commission in its White Paper on a directive for insurance guarantee schemes (published July 2010), seeing them not least as consequential for the success of Solvency II. The issue of IGS is complex on account of the wide variation in existing schemes across EU Member States and the interaction between IGS and other issues currently under consideration at EU level, most prominently, the imminent introduction of Solvency II."@en1
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