European Insurance and Occupational Pensions Authority (EIOPA)

The European Insurance and Occupational Pensions (EIOPA) was founded as an independent EU authority with effect from 01.01.2011 by means of Regulation (EU) No. 1094/2010 of the European Parliament and of the Council of 24 November 2010 as the successor organisation to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) and is part of the European System of Financial Supervision (ESFS). By means of the powers conferred upon it, the EIOPA contributes towards ensuring the consistent, efficient and effective application of legal acts, promoting the harmonisation of supervision, providing comments to the European Parliament, the European Council and the European Commission, and conducting economic analyses of the markets, that are intended to assist in reaching the authority’s aims.