Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-205-000"

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"en.20121120.28.2-205-000"2
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"Madam President, I am expressing my opinion and my vote in favour of the matter under discussion because the burgeoning of means of payment and the widespread use of ‘e-money’ demand rules that reflect the times and that reconcile the drive towards greater openness to the internal market with the need for transparency. There are some positive aspects to this, which have an impact on the fight against laundering money from unlawful activities and on tax evasion, which is an unfortunate feature of many Member States. However, we need to look at this in greater detail. I think it is essential that we understand the potential problems that multilateral interchange fees could cause as regards competitiveness, with costs and surcharges that discourage greater use of e-money, and some hidden interchange fees that could do the opposite of making for an open, competitive and transparent market system."@en1
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