2013 discharge: European Insurance and Occupational Pensions Authority (EIOPA)

PURPOSE: to grant discharge to the European Insurance and Occupational Pensions Authority (EIOPA) for the financial year 2013.

NON LEGISLATIVE ACT: Decision (EU) 2015/1661 of the European Parliament on discharge in respect of the implementation of the budget of the European Insurance and Occupational Pensions Authority for the financial year 2013.

CONTENT: with the present decision, the European Parliament grants discharge to the Executive Director of the European Insurance and Occupational Pensions Authority for the implementation of the latter’s budget for the financial year 2013.

This decision is in line with the European Parliament's resolution adopted on 29 April 2015 and comprises a series of observations that form an integral part of the discharge decision (please refer to the summary of the opinion of 29 April 2015).

Amongst Parliament’s main observations, the latter noted that the Authority's mixed financing arrangement is inflexible, burdensome and a potential threat to its independence. It called therefore on the Commission to propose by 2017 a financing system for the Authority solely based on the introduction of fees by market participants.