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CEIOPS held its second annual Conference in Frankfurt on 14 November. Lessons from the Conference discussions will be included into the work programme for 2007.
CEIOPS stated that it will continue its initiatives on the Recommendations of the EU Financial Services Committees’ ‘Report on Financial Supervision’, including the clarification of the role of the lead supervisor, delegation of tasks between home and host supervisor, and joint supervisory actions.
With regard to future Level 3 steps CEIOPS intends to issue standards on supervisory tool-kits and best practices, including common reporting, and the sharing of data.
On Pension Funds CEIOPS intends to increase its work through progressing supervisory convergence rather than full harmonization.
CEIOPS will also develop its workstreams to facilitate consumer protection where possible, particularly on long term saving products.
Press release
Conference speeches and presentations:
CEIOPS Conference - Program 2006
Henrik Bjerre-Nielsen, Chair, CEIOPS
David Vegara Figueras, Chairman, Financial Services Committee of EU
Domingo Sugranyes Bickel, Execcutive Vice Chairman, Corporacion MAPFRE
Borut Erzén, Member of the Management Board, Triglav Insurance Company Ltd
Andrew Moss, Group Finance Director, AVIVA plc
Markku Paakanen, Director of Financial and Data Administration, Tapiola Group
Alessandro A. Iuppa, President, NAIC – Chair, Executive Committee of IAIS
Dane Douetil, Group Chief Executive, Brit Insurance Holdings PLC
Dominique Graber, Head of the European Public Affairs, BNP Paribas
Jose Veiga Sarmento, Member of the Board of Directors, BPI Vida
Alberto Corinti, Secretary General, CEIOPS