European insurance and occupational pensions authority
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EIOPA is an independent advisory body to the European Commission, the European Parliament and the Council of the European Union. We are one of the EU agencies carrying out specific legal, technical or scientific tasks and giving evidence-based advice. In this way, we help shape informed policies and laws at EU and national levels. EIOPA is one of three European Supervisory Authorities. The other two are the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA).
Our mission
Our mission is to protect the public interest. We do this by helping ensure the short-, medium- and long-term stability and effectiveness of the financial system for the EU’s economy, businesses and people.
We achieve our mission by promoting a sound regulatory framework for and consistent supervision of insurance and occupational pensions sectors in Europe. This protects the rights of policyholders, pension scheme members and beneficiaries. It also creates public confidence in the EU’s insurance and occupational pensions sectors.
Our main goals are:
To improve consumer protection and rebuild trust in the financial system
To ensure strong, effective and consistent regulation and supervision, taking account of the interests of all member states and the different nature of financial institutions
To bring about more harmonised and consistent application of the rules for financial institutions and markets across the EU
To strengthen the oversight of cross-border groups
To promote coordinated supervisory responses from the EU
The Sendai Framework Voluntary Commitments (SFVC) online platform allows stakeholders to inform the public about their work on DRR. The SFVC online platform is a useful toolto know who is doing what and where for the implementation of the Sendai Framework, which could foster potential collaboration among stakeholders. All stakeholders (private sector, civil society organizations, academia, media, local governments, etc.) working on DRR can submit their commitments and report on their progress and deliverables.