3 Amendments of Krišjānis KARIŅŠ related to 2011/2010(INI)
Amendment 5 #
Motion for a resolution
Recital C
Recital C
C. whereas the necessity, function and structure of insurance guarantee schemes are not analogous with either deposit guarantee schemes or investor compensation schemes on account of the different business model of insurers and the different risk exposure of consumers in the event of the failure of an insurer,
Amendment 19 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Calls on the Commission, in coherence with the definition of relevant details of Solvency II, to come forward with proposals for a minimum harmonisation directive establishing a coherent and consistent cross-border framework for national insurance guarantee schemes (IGS) across Member States providing last-resort protection to consumers exclusively in case insurance untertakings, due to their insolvency, are unable to fulfil their contractual commitments;
Amendment 33 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Insists that the model of function, design and funding for national IGS be a matter of subsidiarity, reflecting the ‘home’ country principle of supervision and the divergence of models used by existing IGS; urges the Commission against advocating an ex-ante approach to funding given the absence of compelling arguments in favour of such an approach and the disruption it could cause;