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 @AlynSmithMEP: TeamSNP at our posts, votes getting underway in Brussels before back home for #GE17 #VoteSNP campaigning. https://t.co/Jm…
hudghtonmepSNP RT @AngusRobertson: Two biggest food and drink exports from UK are Scottish, underlining importance of Single European Market. #VoteSNP ht…
hudghtonmepSNP RT @la_lams: This @theSNP manifesto has fairness, opportunity and democracy at its heart. Read it here 👉 https://t.co/VTdktPDkTp 📒 #VoteSNP…

Get in touch

Joomla forms builder by JoomlaShine