EIOPA sets out its strategic priorities for the coming year
05 October 2021
The European Insurance and Occupational Pensions Authority (EIOPA) has outlined its strategic priorities for the coming year, under the overarching goal of building a safe and sustainable EU for citizens in times of transformation.
Activities take into account the ongoing effects of COVID-19, the
market situation and political priorities, in particular supporting the
digital and green recovery.
Under the twin objectives of ensuring consumer protection and
safeguarding financial stability, EIOPA will pursue six strategic areas.
- Integrating sustainable finance considerations across all areas of work,
including promotion of sustainability disclosures and a sustainable
conduct of business framework and addressing protection gaps.
- Supporting the market and supervisory community through digital transformation,
including the preparation of Regulatory and Implementing Technical
Standards from the digital operational resilience act (DORA), and
continuous implementation of the cyber underwriting strategy.
- Enhancing the quality and effectiveness of supervision,
including the provision of training on Solvency II to national
authorities in cooperation with DG REFORM, the definition of Union-wide
strategic priorities.
- Ensuring technically sound prudential and conduct of business policy,
including follow-up to the Solvency II review and the provision of
technical advice on the scheduled review of the IORP II Directive.
- Identifying, assessing, monitoring and reporting on risks to
the financial stability and conduct of business and promoting
preventative policies and mitigating actions, including the provision of timely and accurate financial stability analyses and risk assessments.
- Providing effective recruitment, management and development of EIOPA’s human capital.
More information on EIOPA’s priorities can be found in the Single Programming Document 2022-2024, adopted by the Board of Supervisors on 30 September 2021.
EIOPA
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