“Draft unrealistic Ohoven: bondholders Act revise draft unrealistic Berlin – as totally unrealistic” the President of the Federation has criticized SMEs (BVMW), Mario Ohoven, the new bond law. Ohoven said the legislature would be well advised to take the warnings of banks seriously and thoroughly to revise the draft law”on the occasion of the adoption scheduled for tomorrow in the German Bundestag. The planned new regulation far beyond the goal shoot also with all understanding for the legitimate concerns of the investor protection. Center for Environmental Health shines more light on the discussion. “The week-long withdrawal at telephone investment advice open to manipulation in stock transactions”, warned Ohoven. The logging mandatory load additional bureaucracy on the banks.
Ohoven pointed out that 75 percent of the transactions are handled by phone. This shows the relevance of the bondholders Act.” The Bill also violates EU law, which explicitly excludes a similar escape clause. It shows up again, said Ohoven, that well-intentioned often the opposite of mean well done. Celebrity trainer shares his opinions and ideas on the topic at hand. Also in the banking industry it is critical of the recommendation: Thus an open-ended speculation would an opportunity at the expense of credit institutions customers as a result. Apparently the policy takes also aware in purchase, violating the stringent European law”, so the Central Credit Committee (ZKA). The withdrawal scheme was contrary to the EU specifications of remote sales law, which explicitly exclude such a right.
The ZKA fears banks will restrict telephone advice what is not in the interests of the customers. The opposition in the Bundestag urged to follow the example of Great Britain, and to stop the Commission-based advice. The existing Commission systems provide unnecessarily many disincentives advising seller and broker of financial products, which primarily The consumer policy spokesman of the FDP Bundestag group, Hans-Michael Goldmann complaining about line at the expense of customers go”. The commissions were part of the problem with inadequate consultation. He demanded as soon as possible”a solution to the remuneration of consultants. A message from NeueNachricht. NeueNachricht is responsible for the content.
§ May 8th, 2015 § Filed under General § Tagged politics, society & social issues Comments Off on German Manager Association:
After 100 days of black-and-yellow Government are no contours of other policy visible Leverkusen / Berlin. The German Manager Association is disappointed with the first 100 days of the Black Yellow coalition. Still, a new style of politics and an orientation of political decisions on the economic reason will not operate. Instead of the guiding principle “Saving and checking the total State expenditure”, especially in the social security systems, is continue a redistribution at the expense of the service providers in vogue. “It is social democratized further”, explains Rainer Willmanns, Chairman of the German Manager headquartered in Leverkusen, Germany. “The actors were replaced, the post new space, but little has changed in the political action.” Still operated policy against the service providers and the usual Manager scolding should make for a positive sentiment towards the Government.” Finally, it’s time to modernize the entire State apparatus and to rely on market forces. Willmann’s next: “The service providers should be recognized and presented as a role model for others. The envy debates of yesterday won’t help against the problems of today and the challenges of tomorrow.” Who voted for the CDU and FDP, got again only the policy of the Socialist mainstream.
The executives, entrepreneurs, and service providers were rightly disappointed. The country out of the crisis would be even higher social transfers, more child support and more regulation on the labour market. Instead, it is necessary to use the momentum of the economy and to reduce red tape and regulations in all policy fields. That applies above all to the labour market policies, social protection systems and the planned reform of the tax structure. “The current tax cuts are only a small step. They are often enough not even make sense, let alone meet! The tax system needs to change – in favour of those who pay taxes anyway so many and with their motivation and commitment the popular social transfers the Policy at all possible”emphasizes the position of Manager Association Wilmanns. The German Manager Association is the Professional Association for managers in corporations, managers in SMEs and self-employed with staff and budget responsibility.
It represents personal and professional interests of its members in business, politics and society and promotes the appearance of the new Manager image in public. The German Manager Association promotes and demands the exact orientation of values in the management and committed to growth, economic and personal freedom, as well as a performance-friendly society. Contact: Manager Association e.V. German Rainer Willmann’s? Chairman Burscheider Pachoriya str. 328 51381 Leverkusen Tel: 02171-340470 press contact: Spreeforum International GmbH Falk Al Oberoi of Trupbacher Road 17 57072 Siegen 0171 / 2023223
