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EIOPA Work Programme 2013 - EIOPA - Europa

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Deliverables<br />

examples for cooperation to supervisors in<br />

relevant areas.<br />

Provide technical assistance in the approval<br />

process of internal model and develop a<br />

centre of expertise on the use of internal<br />

models under Solvency II<br />

Kick off <strong>EIOPA</strong>’s participation in joint on site<br />

inspections.<br />

Priority Resources 4 Objective Origin of request<br />

H 4 FTE<br />

supervision as well as consistent<br />

supervision avoiding regulatory<br />

arbitrage.<br />

convergence of supervisory<br />

practices on internal models<br />

H 1 FTE Promote efficient, effective and<br />

consistency in the functioning of<br />

Colleges as well as oversee the<br />

50/65<br />

functioning of Colleges<br />

Begin developing a supervisory handbook. H 2 FTE Contribute to an enhancement<br />

of the convergence and<br />

consistency of supervisory<br />

Collect data in <strong>EIOPA</strong> for further use for the<br />

purposes of financial stability and micro<br />

prudential analysis, to support policy and<br />

implementation.<br />

3.3 Breach of Union Law<br />

Investigations an alleged breach or non<br />

application of Union Law.<br />

4. Consumer Protection and Financial<br />

Innovation<br />

4.1 Consumer Protection (CP)<br />

Further regular report analysing consumer<br />

trends (overlap with financial innovation<br />

(FI).)<br />

Further work on industry training standards<br />

(professional requirements), including<br />

drafting of technical standards, taking into<br />

practices in the European Union<br />

H 1 FTE Support the analysis of<br />

regulatory and supervisory<br />

initiatives.<br />

M 0.10 FTE Correct application of Union Law<br />

avoiding regulatory arbitrage<br />

H 1 FTE Collecting, analysing and<br />

reporting on consumer trends<br />

H 0.25 FTE Developing training standards<br />

for the industry<br />

and 29<br />

<strong>EIOPA</strong> Regulation, Art. 28<br />

and 29<br />

<strong>EIOPA</strong> Regulation, Art. 21<br />

<strong>EIOPA</strong> Regulation, Art. 28<br />

and 29<br />

<strong>EIOPA</strong> Regulation, Art.8, 29<br />

<strong>EIOPA</strong> Regulation, Art. 17<br />

<strong>EIOPA</strong> Regulation, Art.<br />

9(1)(a)<br />

<strong>EIOPA</strong> Regulation, Art.<br />

9(1)(c)<br />

© <strong>EIOPA</strong> 2012

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