2015 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 2015.

NON-LEGISLATIVE ACT: Decision (EU) 2017/1675 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 2015.

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 2015.

This decision is in line with the European Parliament's resolution adopted on 27 April 2017 and comprises a series of observations that form an integral part of the discharge decision (please refer to the summary of the opinion of 27 April 2017).

Amongst Parliament’s main observations in the resolution accompanying the discharge decision, the latter wished to note that the Authority is working to develop more sophisticated and less output-focussed key performance indicators, which would provide a more valuable basis to assess whether the Authority is achieving its strategic ambitions.

Parliament recalled that the Authority was expected to establish internal rules on whistleblowing by the beginning of 2017. It asked the Authority to report to the discharge authority on the establishment and implementation of its whistleblowing rules.

Given that the Authority does not exercise all the prerogatives established in its legal framework, Parliament a closer focus on the mandate given to it by Parliament and the Council could result in a more effective achievement of its objectives. While carrying out its work and in particular when drafting implementing legislation, the Authority needs to inform Parliament and the Council about its activities in a regular and comprehensive manner.