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And so we have this draft directive to address the problem.
It is one of the key issues in this draft directive.
But this draft directive leaves a number of very significant problems.
I include myself among those who took the view that the draft directive should be sent back.
Our group can support the principle of the draft directive.
Let me make clear the main elements of those draft directives.
This example shows that the draft directive has not quite taken shape.
But equally it would be wrong for us to water down the draft directive.
I am asking the Commission to come forward now with a draft directive.
All the answers to these questions now appear in the draft directive.
Such is not the case with the draft directive to be debated today.
The draft directive is likely to be adopted by Council in the autumn and would not come into force before 1993.
I think that her report has significantly improved upon the draft directive.
New draft directives have therefore been added to the 1994 text subject of this report.
Unfortunately, what we can do in the context of the draft directive is limited.
I believe the Commission has already done some good preparation work on this draft directive.
We therefore have reason to regard this draft directive as a step in the right direction.
This would be somewhat along the same lines as the Commission's draft directive.
By this means, the draft directive will at the same time assist the fight against car crime.
The compromise allowed the draft Directive to continue to exist.
These principles are applied in the draft directive on market abuse.
In May 1992, the draft directive on the marketing of financial services was submitted.
The intentions are good, as can be seen from the new draft directive against discrimination.
In this case, the Commission also decided to put forward its own draft directive, which it was drawing up.
The draft directive before us is undoubtedly of huge economic importance to Europe.