BETA


2006/2026(INI) Collapse of the Equitable Life Assurance Society. Interim report

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead EQUI WALLIS Diana (icon: ALDE ALDE)
Lead committee dossier:
Legal Basis:
RoP 208

Events

2006/08/28
   EC - Commission response to text adopted in plenary
Documents
2006/07/04
   EP - Results of vote in Parliament
2006/07/04
   EP - Decision by Parliament
Details

The European Parliament adopted a resolution adopted the interim report, drawn up by Diana WALLIS ( ALDE, UK), on the crisis of the Equitable Life Assurance Society.

Documents
2006/07/04
   EP - End of procedure in Parliament
2006/07/03
   EP - Debate in Parliament
2006/06/23
   EP - Committee report tabled for plenary, single reading
Documents
2006/06/23
   EP - Committee report tabled for plenary
Documents
2006/06/21
   EP - Vote in committee
Details

The Committee of Inquiry adopted the interim report, drawn up by Diana WALLIS ( ALDE, UK), on the crisis of the Equitable Life Assurance Society. Parliament decided at its plenary session on 18 January 2006 to set up a Committee of Inquiry to investigate the collapse of Equitable Life, which resulted in major financial losses to over a million policyholders, mainly in the UK but also in Ireland and Germany. MEPs have so far heard evidence from British, Irish and German policyholders' representatives, the CEO of Equitable Life and the UK and Irish regulatory bodies.

The committee's interim report requested a 3-month extension to its one-year mandate to enable it to take account of a report by the UK Parliamentary Ombudsman which is due for publication in November 2006. It also called on the Commission, together with the governments and parliaments of Member States, to assist the work of the Committee of Inquiry, "with full respect for the principle of loyal cooperation".

2006/06/06
   EP - Amendments tabled in committee
Documents
2006/05/17
   EP - Committee draft report
Documents
2006/02/02
   EP - WALLIS Diana (ALDE) appointed as rapporteur in EQUI
2006/01/18
   EP - Committee referral announced in Parliament

Documents

Activities

History

(these mark the time of scraping, not the official date of the change)

docs/0/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE374.130
New
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New
https://www.europarl.europa.eu/doceo/document/EN&reference=PE374.363
docs/2/docs/0/url
Old
http://www.europarl.europa.eu/doceo/document/A-6-2006-0221_EN.html
New
https://www.europarl.europa.eu/doceo/document/A-6-2006-0221_EN.html
events/0/type
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Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament
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Old
Vote in committee, 1st reading/single reading
New
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2006-06-23T00:00:00
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EP
docs
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events/2
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2006-06-23T00:00:00
type
Committee report tabled for plenary, single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/A-6-2006-0221_EN.html title: A6-0221/2006
events/3/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20060703&type=CRE
New
https://www.europarl.europa.eu/doceo/document/EN&reference=20060703&type=CRE
events/5
date
2006-07-04T00:00:00
type
Decision by Parliament
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-6-2006-0293_EN.html title: T6-0293/2006
summary
The European Parliament adopted a resolution adopted the interim report, drawn up by Diana WALLIS ( ALDE, UK), on the crisis of the Equitable Life Assurance Society.
events/5
date
2006-07-04T00:00:00
type
Decision by Parliament, 1st reading/single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/TA-6-2006-0293_EN.html title: T6-0293/2006
summary
The European Parliament adopted a resolution adopted the interim report, drawn up by Diana WALLIS ( ALDE, UK), on the crisis of the Equitable Life Assurance Society.
procedure/legal_basis/0
Rules of Procedure EP 208
procedure/legal_basis/0
Rules of Procedure EP 019
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Inquiry committee on the Equitable Life Assurance Society
committee
EQUI
rapporteur
name: WALLIS Diana date: 2006-02-02T00:00:00 group: Alliance of Liberals and Democrats for Europe abbr: ALDE
committees/0
type
Responsible Committee
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EP
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committee_full
Inquiry committee on the Equitable Life Assurance Society
committee
EQUI
date
2006-02-02T00:00:00
rapporteur
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docs/2/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2006-221&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2006-0221_EN.html
docs/3/body
EC
events/2/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2006-221&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2006-0221_EN.html
events/5/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2006-293
New
http://www.europarl.europa.eu/doceo/document/TA-6-2006-0293_EN.html
activities
  • date: 2006-01-18T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: EQUI date: 2006-02-02T00:00:00 committee_full: EQUI Inquiry committee on the Equitable Life Assurance Society rapporteur: group: ALDE name: WALLIS Diana
  • date: 2006-06-21T00:00:00 body: EP committees: body: EP responsible: True committee: EQUI date: 2006-02-02T00:00:00 committee_full: EQUI Inquiry committee on the Equitable Life Assurance Society rapporteur: group: ALDE name: WALLIS Diana type: Vote in committee, 1st reading/single reading
  • date: 2006-06-23T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2006-221&language=EN type: Committee report tabled for plenary, single reading title: A6-0221/2006 body: EP type: Committee report tabled for plenary, single reading
  • date: 2006-07-03T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20060703&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 2006-07-04T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=4747&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2006-293 type: Decision by Parliament, 1st reading/single reading title: T6-0293/2006 body: EP type: Results of vote in Parliament
commission
  • body: EC dg: Financial Stability, Financial Services and Capital Markets Union commissioner: MCCREEVY Charlie
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Inquiry committee on the Equitable Life Assurance Society
committee
EQUI
date
2006-02-02T00:00:00
rapporteur
name: WALLIS Diana group: Alliance of Liberals and Democrats for Europe abbr: ALDE
committees/0
body
EP
responsible
True
committee
EQUI
date
2006-02-02T00:00:00
committee_full
EQUI Inquiry committee on the Equitable Life Assurance Society
rapporteur
group: ALDE name: WALLIS Diana
docs
  • date: 2006-05-17T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE374.130 title: PE374.130 type: Committee draft report body: EP
  • date: 2006-06-06T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE374.363 title: PE374.363 type: Amendments tabled in committee body: EP
  • date: 2006-06-23T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2006-221&language=EN title: A6-0221/2006 type: Committee report tabled for plenary, single reading body: EP
  • date: 2006-08-28T00:00:00 docs: url: /oeil/spdoc.do?i=4747&j=0&l=en title: SP(2006)3801 type: Commission response to text adopted in plenary
events
  • date: 2006-01-18T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2006-06-21T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary: The Committee of Inquiry adopted the interim report, drawn up by Diana WALLIS ( ALDE, UK), on the crisis of the Equitable Life Assurance Society. Parliament decided at its plenary session on 18 January 2006 to set up a Committee of Inquiry to investigate the collapse of Equitable Life, which resulted in major financial losses to over a million policyholders, mainly in the UK but also in Ireland and Germany. MEPs have so far heard evidence from British, Irish and German policyholders' representatives, the CEO of Equitable Life and the UK and Irish regulatory bodies. The committee's interim report requested a 3-month extension to its one-year mandate to enable it to take account of a report by the UK Parliamentary Ombudsman which is due for publication in November 2006. It also called on the Commission, together with the governments and parliaments of Member States, to assist the work of the Committee of Inquiry, "with full respect for the principle of loyal cooperation".
  • date: 2006-06-23T00:00:00 type: Committee report tabled for plenary, single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2006-221&language=EN title: A6-0221/2006
  • date: 2006-07-03T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20060703&type=CRE title: Debate in Parliament
  • date: 2006-07-04T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=4747&l=en title: Results of vote in Parliament
  • date: 2006-07-04T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2006-293 title: T6-0293/2006 summary: The European Parliament adopted a resolution adopted the interim report, drawn up by Diana WALLIS ( ALDE, UK), on the crisis of the Equitable Life Assurance Society.
  • date: 2006-07-04T00:00:00 type: End of procedure in Parliament body: EP
links
other
  • body: EC dg: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services commissioner: MCCREEVY Charlie
procedure/dossier_of_the_committee
Old
EQUI/6/33595
New
  • EQUI/6/33595
procedure/legal_basis/0
Rules of Procedure EP 019
procedure/legal_basis/0
Rules of Procedure of the European Parliament EP 019
procedure/subject
Old
  • 2.50.05 Insurance, pension funds
  • 4.60.06 Consumers' economic and legal interests
New
2.50.05
Insurance, pension funds
4.60.06
Consumers' economic and legal interests
activities
  • date: 2006-01-18T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: EQUI date: 2006-02-02T00:00:00 committee_full: EQUI Inquiry committee on the Equitable Life Assurance Society rapporteur: group: ALDE name: WALLIS Diana
  • date: 2006-06-21T00:00:00 body: EP committees: body: EP responsible: True committee: EQUI date: 2006-02-02T00:00:00 committee_full: EQUI Inquiry committee on the Equitable Life Assurance Society rapporteur: group: ALDE name: WALLIS Diana type: Vote in committee, 1st reading/single reading
  • date: 2006-06-23T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2006-221&language=EN type: Committee report tabled for plenary, single reading title: A6-0221/2006 body: EP type: Committee report tabled for plenary, single reading
  • date: 2006-07-03T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20060703&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 2006-07-04T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=4747&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2006-293 type: Decision by Parliament, 1st reading/single reading title: T6-0293/2006 body: EP type: Results of vote in Parliament
committees
  • body: EP responsible: True committee: EQUI date: 2006-02-02T00:00:00 committee_full: EQUI Inquiry committee on the Equitable Life Assurance Society rapporteur: group: ALDE name: WALLIS Diana
links
other
  • body: EC dg: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services commissioner: MCCREEVY Charlie
procedure
dossier_of_the_committee
EQUI/6/33595
reference
2006/2026(INI)
title
Collapse of the Equitable Life Assurance Society. Interim report
legal_basis
Rules of Procedure of the European Parliament EP 019
stage_reached
Procedure completed
subtype
Special committee/Committee of inquiry
type
INI - Own-initiative procedure
subject