Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-245-250"

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"en.20120703.18.2-245-250"2
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"I voted in favour of this report because I welcome the proposal tabled by the Commission concerning a risk-based, state of the art system for regulating and monitoring European insurance and reinsurance companies. I also think that these new rules and regulations are needed in the current climate to be able to guarantee greater security for the insurance sector. This means that the whole economy will gain because the long-term investments will provide the sector with greater stability. At the same time, I would like to stress that the Commission’s proposal is sufficient as the modification must also take into account the new framework for monitoring the insurance sector. I should highlight the need for coordinated actions between EU institutions so that the new regulation is implemented efficiently and without delay."@en1

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