8 Amendments of Ashley FOX related to 2011/2149(INI)
Amendment 10 #
Draft opinion
Paragraph 5
Paragraph 5
5. 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 servicestor specific, rather than grouping financial services with other sectors, where consumer needs and behaviour are different;
Amendment 16 #
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, drawing on existing best practice of national authorities;
Amendment 25 #
Draft opinion
Paragraph 8
Paragraph 8
8. Calls for stronger protection for consumers in cross- border transactions, in particular for on- line products and services;
Amendment 32 #
Draft opinion
Paragraph 9 a (new)
Paragraph 9 a (new)
9 a. Notes the importance to consumers of transparent bank charges, faster transaction times and easier procedures for moving bank accounts;
Amendment 34 #
Draft opinion
Paragraph 10
Paragraph 10
10. Underlines the importance of applying and enforcing existing national and EU legislation;
Amendment 35 #
Draft opinion
Paragraph 10 a (new)
Paragraph 10 a (new)
10 a. Supports the aim of opening up markets and combating protectionist practices in financial services;
Amendment 38 #
Draft opinion
Paragraph 10 b (new)
Paragraph 10 b (new)
10 b. Calls on the Commission to ensure better coordination between its consumer policies;
Amendment 40 #
Draft opinion
Paragraph 10 c (new)
Paragraph 10 c (new)
10 c. Welcomes the ongoing work to develop a European system of Alternative Dispute Resolution, using existing national and business systems; believes such a system will enhance the single market and deliver a fair system of redress for the consumer in cross-border disputes, building confidence between the consumer and industry, and avoiding costly litigation for both the industry and consumer.