Translation of "Standard Life Trust Company " (English → French) :

Mr. Stewart: The deposit-taking subsidiaries we presently own are called Sun Life Trust Company and Sun Life Savings and Mortgage Corporation.

28. Highlights in this context the positive impact of secondary metals, which help to significantly reduce energy and raw material input; calls therefore on the Commission to facilitate the development and functioning of secondary metal markets; encourages the establishment of a circular economy at every base metals production plant in order to link the exploitation of by-products and recycled metals with the aim of increasing their competitiveness; calls for it to be made mandatory to establish a circular economy at every base metals production plant in order to link the explo ...[+++]itation of by-products and recycled metals with the aim of increasing their competitiveness; adopts the aim of making rapid progress in the recycling of rare earths and critical metals consumed in the Union; calls for the development of strong links between the base metal recycling sector and other industries in order to strengthen the size and resilience of the industrial base, in particular in regions affected by deindustrialisation; emphasises in this context the large potential of product and material substitution and increasing the use of scrap metal inter alia in steel and aluminium production; stresses that most base metals can be recycled many times for a fraction of the energy used for primary production; is concerned by the large energy loss for Europe caused by the legal and illegal export of aluminium and copper to countries such as China and India, states which have established aluminium export bans themselves; believes that high environmental standards and circular economy principles should be fundamental to development and innovation investments in the base metals industry sector in Europe; calls on the Commission to develop economic incentives for recycling metals, including currently uneconomical critical raw materials such as rare earths, to investigate how markets for recycled materials can be supported by inter alia green certificates for recycled materials, eco-d ...

This important and reasoned report concerns the plight of 1.5 million European citizens who had invested for their pensions in Equitable Life, one of Europe’s oldest and most respected and trusted mutual life assurance companies.

The United Kingdom did not adequately transpose the third life assurance directive; the Commission did not adequately monitor that; the supervisory authorities in several Member States did not perform their function in the manner in which they should have done; the company’s management abused the trust of the people who had policies with it; it lied to them, acted in a negligent fashion and checks were not carried out. We have enough on our plate.

(b) the natural person who is ultimate beneficiary, directly or indirectly, of 10 % or more of the property of a foundation, a trust or similar legal arrangement or who exercises influence over a comparable quantity of the property of a foundation, a trust or a similar legal arrangement, other than a company listed on an official stock exchange that is subject to disclosure requirements consistent with Community legislation or subject to equivalent international standards ...[+++];

If I might make a remark about a currently controversial topic in my own country, I think it is a pity to see such vigorous efforts being made to de-mutualise excellent old mutual assurance companies which fully express the collective aspect of insurance, and I am sad to think of a raid being made on the Standard Life in this way.