CEA Position Paper on Communication on E-commerce and Financial Services

06 July 2001

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In its position paper on the Commission’s communication on E-commerce and Financial Services CEA expresses its reservations about the means proposed to achieve the objectives. Amongst other things CEA expresses serious reservations concerning the current lack of precision and the theoretical nature of the measures envisaged to achieve a clear, regulatory and prudential environment which is coherent, foreseeable and favors the growth of insurance business on the Internet whilst reinforcing consumer confidence.

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