European Parliament
Paulo Rangel  (PPE ),
in writing.
(PT)
Registers are often overlooked, but they make a crucial contribution to ensuring that transactions are sound and facts are legally certain, thus helping to avoid uncertainties and hence litigation. It is thus understandable that, at a time when the economies of the various Member States are showing a high degree of integration, which contributes to the increase in international legal relationships, there is a need for rapid access to information held in the registers of the different Member States. As we know that the registration systems of the different States vary – both in the legal value attached to the data registered and the proof required for registration – the Directive proposes simply to provide the necessary means for exchanging information between Member States, reducing obstacles to trade within the single market. On an initial appraisal it is a praiseworthy initiative. Therefore I voted in favour, and supported the proposed amendments put forward by the Committee on Legal Affairs.

