4 Amendments of Jean-Paul GAUZÈS related to 2007/2287(INI)
Amendment 7 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Considers that the provision of financial services to private clients and small businesses will remain to a large extent a local business, in view linguistic and cultural factors and the need for personal contact; recognises, at the same time, the opportunities presented by opening up retail markets on the supply side, which would enable the industry to achieve economies of scale by creating pan- European product platforms and thus offer products across Europe, resulting in more product diversity and competition in national markets;
Amendment 65 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Believes that disclosure of cost, risk and performance at the point of sale is crucial to enable investors to take informed decisions; in this context, calls for comparable transparency requirements for all substitute investment products, such as investment funds, structured products and unit-linked life insurance products; regrets the inconsistencies of the EU regulatory framework and is concerned about their impact on fair competition and investor protection; requests the Commission to address regulatory shortcomings of Directive 2003/71/EC on the prospectus to be published when securities are offered to the public or admitted to trading and Directive 2002/92/EC on insurance mediation by taking disclosure requirements under Directive 2004/39/EC on markets in financial instruments (MiFID) and the new UCITS Key Investor Information document as benchmarks for all substitute products;
Amendment 76 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Recognises the great importance of financial service brokers in providing financial services from other Member States to private clients and small businesses; calls on the Commission to create a framework that will strengthen this industrial sector; stresses the importance of differentiating according to type of brokerage and of avoiding a 'one size fits all' approach;
Amendment 82 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Emphatically draws attention to the importance of enabling credit institutions and credit data agencies to have non- discriminatory cross-border access to credit data registers and to fraud-data registers; calls on the Commission to identify the obstacles to exchanges of data relating not just to credit but also to fraud;