Statute for a European Mutual Society takes a positive step forward

This week saw an important step forward on the road towards a Statute for a European Mutual Society after a meeting of the Intergroup on Public Services at...

This week saw an important step forward on the road towards a Statute for a European Mutual Society after a meeting of the Intergroup on Public Services at the European Parliament. The meeting was chaired by MEP Françoise Castex.

Following a successful public consultation, to which 340 responses were received from across Europe, it was announced that the European Commission will now launch an Impact Assessment prior to a draft proposal for a Statute for a European Mutual Society.

A number of MEPs who have supported the proposal for a European Mutual Statute were present at the session on Wednesday 10 July, including MEP Pervenche Bérès, Chair of the EMPL Committee, MEP Berlinguer, Rapporteur of the Own-initiative Report on the European Mutual Statute, MEP Bastos, Rapporteur for opinion on this report and MEP Vergiat.

It is hoped that a European Mutual Statue would help avoid demutualisation throughout Europe and would also facilitate cross-border activities. Many mutual organisations wish to be able to develop cross Europe commerce but for the time being current legislation does not permit this. Also, it is believed that a Statute for a European Mutual Society would create an optional reference framework, common to mutual societies across Europe who wish to adopt it.

 

 

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