3 Amendments of Konstantinos POUPAKIS related to 2011/2010(INI)
Amendment 3 #
Draft opinion
Paragraph 1
Paragraph 1
1. Believes that the adoption of a common Insurance Guarantee Scheme (IGS) at EU level and the adjustment of the diverse IGS regimes existing in Member States would effectively improve citizens' confidence, protect consumers' and taxpayers' rights and enhance market stability, in the insurance sector in particular and in internal market and financial services in general; therefore welcomes the Commission's initiative to establish an IGS at European level minimum harmonisation framework regarding IGS;
Amendment 14 #
Draft opinion
Paragraph 3
Paragraph 3
3. Argues that in order to ensure comprehensive protection for policyholders and beneficiaries, the IGS should not be the last-resupervisorty mechanism, and asurges the Commission to retain and take into account other existing protectionallowed under Solvency II should be applied first and IGS should be the last- resort mechanisms;
Amendment 22 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Notes that there is no guarantee scheme for second pillar pensions managed by pension funds whilst insurers providing pensions would be subject to an IGS; therefore insists that second pillar pension products shall be covered by distinct and separate schemes leading to equivalence levels of protection for pensioners;