EIOPA Work Programme 2013 - EIOPA - Europa

Deliverables
Issuing warnings and/or
restrictions/prohibitions for financial activities
if needed
Finalisation of a methodology for identifying
risk related to retail products (overlap with
CP)
Further work on the impact of SII on
products
ITDC: further work on the identification of
data requirements for consumer protection
and financial innovation activities
Test Achats ruling; survey on national
incorporation of ruling in line with the EC
communication on the consequences of the
judgement
CAT bonds: analysis of complexity of
products in view of use of underlying models
In addition to the above, EIOPA Technical
standards and Common Acts under the Joint
Committee,
EIOPA Guidelines and recommendations and
Joint Positions under the Joint Committee to
promote convergence of regulatory practice
in consumer protection (e.g. regarding to
complaints handling and financial education)
Priority Resources 4 Objective Origin of request
0.50 FTE The possibility to issue warnings
H
in the event that a financial
activity poses a serious
threat/financial stability
markets to EIOPA’s objectives
H 0.50 FTE The possibility to issue warnings
in the event that a financial
activity poses a serious
threat/financial stability
markets to EIOPA’s objectives
H 0.50 FTE Monitor new and existing
financial activities
H 0.25 FTE Collection of information with a
view to identifying consumer
trends
52/65
EIOPA Regulation, Art. 9(3)
and 9(5)
EIOPA Regulation, Art. 9(3)
and 9(5)
Own initiative
EIOPA Regulation,
Art.9(1)(a) and 35
L 0.25 FTE Other Own initiative
L 0.25 FTE Monitoring of new and existing
financial activities with a view to
promoting the safety and
soundness of markets
H 0.50 FTE Ensuring cross sectoral
consistency and regulatory
convergence
EIOPA Regulation, Art. 9(2)
EIOPA Regulation, Art. 54,
56 and 57
© EIOPA 2012