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07 May 2009

Public Hearing




The event was well attended, and many others watching the event over the internet using the webstreaming facilities.

After the welcome address by Deputy Director General of Internal Market and Services, David Wright, OXERA presented the main findings of the report Comparative analysis of existing schemes, analysis of problems and evaluation of options. The first Panel dealt with the risks and consequences of insurance failures and the role of insurance guarantee schemes in this respect. Experiences from the banking and securities sectors were discussed together with any lessons to be learnt. In the afternoon, the second panel discussed the pros and cons of the status quo versus and EU-wide approach. Panel 3 involved an exchange of views on the design options of insurance guarantee schemes. The day ended with a closing speech from the Director General of Internal Market and Services, Jörgen Holmquist.

Programme



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