5 Amendments of Olle SCHMIDT related to 2007/2287(INI)
Amendment 5 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. ConsiderRealises that the provision of financial services to private clients andbut also small businesses will remain to a large extent are of local businessnature, in view of linguistic and cultural factors and the needa preference for personal contact, but encourages private clients and small businesses to take advantage of the gains in competition and supply that cross-border financial services offer;
Amendment 19 #
Draft opinion
Article 7
Article 7
7. Requests that consumers mustshould have access to out-of-court Alternative Dispute Resolution (ADR) mechanism in all Member states for disputes on retail financial services issues both at national and cross-border level, and calls on the Commission to promote 'best- practices' in ADR;
Amendment 25 #
Draft opinion
Paragraph 9
Paragraph 9
9. Supports a coherent European suggestion providing consumers access to balanced new forms of collective redress for the settlement of cross-border complaints related to retail financial products; suggests evaluating the impact of systems recently established at Member State level.
Amendment 52 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Welcomes the payments industry initiative to create a Single European Payments Area, but emphasises that such a system should lead to greater transparency, especially concerning the interchange fees;
Amendment 67 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Highlights the need for comparable distribution and disclosure provisions for all competing investment products (i.e. investment funds, structured products such as certificates, unit-linked life insurance) at the point of sale to ensure a consistent level of investor protection throughout EU financial services legislation;