Abstract
EIOPA was established in 2011 as part of the European System of Financial Supervision. Its main task is to ensure the stability and integrity of the insurance and pensions sector in Europe. To achieve this goal, EIOPA has several tasks. First, it develops and implements regulations and guidelines for the insurance and pension sector in the European Union. Secondly, EIOPA is responsible for the supervision of insurance and pension funds operating in the EU. Third, EIOPA works closely with national supervisory authorities to coordinate their activities and promote consistent supervision across the EU. Overall, EIOPA should play a crucial role in protecting the interests of policyholders and pension scheme members and in promoting a stable and competitive insurance and pension market in Europe. However, some criticism on the role of EIOPA are raised in Section E of this Chapter.
| Original language | English |
|---|---|
| Title of host publication | EU Pensions Law |
| Subtitle of host publication | A Commentary and Practitioner’s Guide |
| Editors | Philip Bennett, Hans van Meerten |
| Publisher | Edward Elgar Publishing |
| Chapter | 24 |
| Pages | 509-513 |
| Number of pages | 5 |
| ISBN (Electronic) | 9781802200225 |
| ISBN (Print) | 9781802200218 |
| DOIs | |
| Publication status | Published - 5 Dec 2024 |
Bibliographical note
Publisher Copyright:© 2024 Edward Elgar Publishing.
Keywords
- EIOPA
- EIOPA on cross-border IORP internal market failure
- EIOPA peer review of national competent authorities
- EU Regulation No 1094/2010
- Legal basis for EIOPA
- Objectives of EIOPA