Investor Compensation Schemes Directive

EDM number 820 in 2010-12, proposed by William Cash on 13/10/2010.

That this House considers that the draft Directive to amend the Investor Compensation Schemes Directive does not comply with the principle of subsidiarity, for the reasons set out in the Annex to chapter 7 of the Third Report of the European Scrutiny Committee (HC 428-iii); and, in accordance with Article 6 of the Protocol on the application of the principles of subsidiarity and proportionality, instructs the Clerk of the House to forward this reasoned opinion to the presidents of the European institutions.

This motion has been signed by a total of 1 MPs.