8 Amendments of Pascal CANFIN related to 2011/2149(INI)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. Notes that the intended beneficiaries of competition policy and of financial services regulation include consumers; emphasises the need to take into account the particular needs of vulnerable consumers; recalls that the economic crisis has considerably increased the difficulties of consumers with low income and lead a growing number of consumers to over-borrowing;
Amendment 2 #
Draft opinion
Paragraph 2
Paragraph 2
2. Welcomes a strategic approach to consumer protection, drawing on lessons from the 2007-2013 strategy; emphasises that in the framework of the EU-2020 strategy, there should be a better articulation between consumer policy and a more sustainable, environment-friendly and social-oriented development;
Amendment 9 #
Draft opinion
Paragraph 5
Paragraph 5
5. Notes the dissatisfaction of consumers regarding the functioning of financial services, as reflected in the Consumers Scoreboard ; emphasises that this dissatisfaction is even deeper following the financial crisis ; stresses that consumers have lost billions of Euros due to bad advise, considers therefore that more regulation is needed in this sector ; Given the nature, complexity and scale of the impact on consumers of financial services, calls for a presumption in the strategy that new legislation should be specific to financial services, rather than grouping financial services with other sectors, where consumer needs and behaviour are different;
Amendment 14 #
Draft opinion
Paragraph 6
Paragraph 6
6. Points out that the new European Supervisory Authorities have explicit powers and responsibilities relating to consumer protection in financial services and expects the strategy to reflect and build on these; Calls on the Commission to explore ways of enhancing the consumer protection capacities of the ESAs;
Amendment 18 #
Draft opinion
Paragraph 7
Paragraph 7
7. Calls for explicit links between the strategy and the programme for competition policy, and joined-up action to achieve this; notes the dissatisfaction of consumers concerning the functioning of the energy market ; considers that a thorough evaluation should be achieved regarding the consequences of liberalisation of this sector on the satisfaction of consumers;
Amendment 22 #
Draft opinion
Paragraph 8
Paragraph 8
8. Calls for stronger protection in cross- border transactions, in particular for on- line products and services; considers that the development of cross-border trade makes it even more necessary to guarantee a high-level of consumer protection throughout the EU;
Amendment 29 #
Draft opinion
Paragraph 9
Paragraph 9
9. Underlines the need to support financial inclusion, for example through access to basic banking services; notes that about 30 millions Europeans do not have access to basic banking services and that these people are very often deprived of leading a normal life in our societies ; strongly criticises that the Commission renounced to propose binding legislation as it had been announced in the Single Market Act and in the Commission's 2011 Work programme, calls on the Commission to follow up on the recommendation with binding legislation;
Amendment 33 #
Draft opinion
Paragraph 10
Paragraph 10
10. Underlines the importance of applying and enforcing existing legislation, and calls for a rapid and complete transposition of the Consumers' Rights Directive;