Activities of Ashley FOX related to 2017/2066(INI)
Shadow reports (1)
REPORT on the Action Plan on Retail Financial Services PDF (425 KB) DOC (73 KB)
Amendments (9)
Amendment 79 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Emphasises that enforcing the current legislation is central to tackling ‘dynamic currency conversion’; reaffirms that this will necessitate an obligation for merchants to clearly highlight and present the most advantageous option for consumers, including when these consumers are making ATM withdrawals involving currency conversion; notes that enhanced financial literacy of consumers is vital to achieve this;
Amendment 87 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Approves of the Commission’s ambition to incorporate the achievements of the Payment Accounts Directive to make it easier to change financial services providers and products; calls on the Commission to present legislative initiatives specifically targeted at the financial sector to end unjustified geo- blocking in order to facilitate switching by customers to more advantageous retail financial services in other Member States; notes that adequate disclosure and consumer protection will be key in achieving this;
Amendment 89 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 99 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Urges the Commission to promote tools such as Points of Single Contact, which will enhance competition and assist retail financial services firms;
Amendment 102 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Takes the view that subsequent to the Commission’s REFIT review of the Motor Insurance Directive, amendments to it will be vital to ensure compensation for traffic accident victims and to safeguard the cross-border portability and recognition of no-claims bonuses and in light of CJEU judgments that the scope of the Motor Insurance Directive be revised as soon as possible to address non-recognition of no claims bonuses and ensure it applies to circumstances it was intended to by the co-legislators;
Amendment 103 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. UrgesStresses that the Commission to put forward legislative proposals to amend the Insurance Distribution Directive to include car rental companies selling insurance add-ons with a view to ensuring transparent pricing covering all car rental companies across the Member Stateshould evaluate the transposition of the Insurance Distribution Directive before proposing any possible amendments;
Amendment 118 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Asks the Commission to assess carefully whether national rules and practices which are motivated by consumer protection concerns; underlines that the dismantling of any national barrierrequirements should not be to the detriment of consumer protection;
Amendment 130 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Commission to amendevaluate the transposition of the Mortgage Credit Directive and the Consumer Credit Directive to introduce compulsory, harmonised, cross-border creditworthiness assessment standards and principles to better mitigate thand any concerns member states have raisk of inced, before asing over-indebtedness when facilitating pan-European online creditsessing the need for any changes;
Amendment 148 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Urges the Commission to create an environment that is conducive to innovative solutions; Notes that innovative companies such as FinTechs provide the competition needed to create an effective retail financial services market;