D. whereas the Commission Report examines national penalty provisions, the effectiveness of the claims representative mechanism, and the existing availability of voluntary legal expenses insurance to which potential victims of road accidents can additionally subscribe,

The municipal emergency preparedness policy is designed to ensure the protection of Montreal’s citizens, both individual and corporate, and of their goods and environment. In an emergency, it would ensure the protection of the City’s employees and of the installations and systems that play a critical role in maintaining essential services for citizens, before and after a disaster.

Some of the key achievements included in the Progress Report are the approval of the Capital Requirements Directive; the adoption of the Reinsurance and 5 Motor Insurance Directives; the adoption of the Cross-Border Mergers Directive, the 8 Company Law Directive on Statutory Audit and the third Anti-Money Laundering Directive; and the decision to extend the Lamfalussy approach to banking, insurance and investment funds.

second result: for policies on which the capital at risk is not a negative figure, a 0.3% fraction of such capital underwritten by the assurance undertaking shall be multiplied by the ratio, for the last financial year, of the total capital at risk retained as the undertaking's liability after reinsurance cessions and retrocessions to the total capital at risk gross of reinsurance; that ratio may in no case be less than 50%.

I hope that when the Rothley report on the harmonisation of civil liability insurance in respect of the use of motor vehicles is adopted after the third reading on Monday, the Commission can, and will, also incorporate – on account of the harmonised legal basis – the settlement of claims into this future exemption regulation.

I N T E G R A T E D P R O G R A M M E F O R S M E s Concerted actions Actions under other Multiannual SME Community policies Programme1 I. SIMPLIFY AND IMPROVE THE ADMINISTRATIVE AND REGULATORY BUSINESS ENVIRONMENT * Committee on * Guidelines for * New approach Improving and regulatory policy to Business Simplifying (including better Impact the Business consultation) Assessment Environment * Pilot action for System(includi simplifying Internal ng methods for Market legislation cost/benefit (SLIM) evaluation) * Follow-up to Molitor * Transfer of report businesses * Common VAT system for * Dispute the Single Market settlement procedures * ...[+++] Appropriate legal instruments II. IMPROVE THE FINANCIAL AND FISCAL ENVIRONMENT FOR SMEs * Better access * Better targeting of * Late payment to finance and Community support for * Round Table capital SMEs (including EIF Bankers and markets loan guarantees for SMEs employment at reduced * SME capital rates (ELISE)2, EIF markets equity support for * Mutual SMEs and reorientation Guarantee of Structural Funds' Schemes support3, EIB loans) * Factoring and * Fiscal environment of credit businesses insurance * Introduction of the EURO III. HELP SMEs TO EUROPEANISE AND INTERNATIONALISE THEIR STRATEGIES, IN PARTICULAR THROUGH BETTER INFORMATION AND COOPERATION SERVICES * Administrative * Access to the Single * Partner search cooperation - Market networks Single Market * . More competition * Direct and encourage partnerships reduction State * Promotion of aid European . Cross-border Economic public Interest procurement Groupings . Standards and (REGIE) certification * EICs as first .