Hudghton (Greens/EFA) - As I did at the Committee stage, I supported today the compromise package as commended to us in the Skinner Report. Financial services make a very substantial contribution to the economy of Scotland, and re-insurance, whether directly or indirectly, affect Scottish-based enterprises and consumers. I welcome this proposal, which makes progress towards a Europe-wide system of re-insurance provision and regulation, as well as providing an opportunity to tackle the situation in the USA, where vast amounts of capital are tied up because of their collateral requirement leading to extra costs currently being passed on to consumers. The rapporteur is to be congratulated for his work on this document.

Twitter YouTube Join the SNP
 

Twitter Latest

hudghtonmepSNP RT @theSNP: 📺 Coming up soon: watch @NicolaSturgeon on the @MarrShow from 10am, talking about #Brexit and Scotland. #marr https://t.co/RUGi
hudghtonmepSNP RT @theSNP: 🙌 Join the SNP and help us send a message to Westminster - Scotland’s voice must be heard: https://t.co/veOwhtY5R4 https://t.co

Get in touch

Joomla forms builder by JoomlaShine