3 Amendments of Sharon BOWLES related to 2007/2201(INI)
Amendment 39 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Requests the Commission to work on enforcing obligations for banks to provide consumers, before they open an account, with a single document summarisinguccinct compilation details ofing all costs, including closing costs;
Amendment 63 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Requests the Commission to clarify and harmonise the rightthe responsibilities and liabilities of intermediaries, since problems often arise in the sale, administration and enforcement of financial services agreements; requests the Commission to distinguish clearly between information which has to be clear, concise, readable and cost-free and the provision of advisory services;
Amendment 72 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Is confident that the SEPA and the Payment Services Directive should provide solutions to the fragmentation and lack of competition identified by the sector inquiry concerning payment infrastructures; recalls that the first phase of the SEPA entered into force on 28 January 2008 and requires integrated clearing and settlement platforms, operating on the basis of the same rules and technical standards, emphasises that the access criteria for SEPA are fair and opento SEPA should be fair and open, and that governance should take into account all stakeholders in the system, not just financial institutions; recalls also that the Payment Services Directive states that there should be no other discrimination on access to payments systems other than those necessary to safeguard against risk and to protect the financial and operational stability;