BETA


2017/2172(DEC) 2016 discharge: European Insurance and Occupational Pensions Authority (EIOPA)

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead CONT STAES Bart (icon: Verts/ALE Verts/ALE) SARVAMAA Petri (icon: PPE PPE), LIBERADZKI Bogusław (icon: S&D S&D), FITTO Raffaele (icon: ECR ECR), ALI Nedzhmi (icon: ALDE ALDE), VALLI Marco (icon: EFDD EFDD), KAPPEL Barbara (icon: ENF ENF)
Committee Opinion ECON SWINBURNE Kay (icon: ECR ECR) Hugues BAYET (icon: S&D S&D), Barbara KAPPEL (icon: ENF ENF), Thomas MANN (icon: PPE PPE)
Committee Opinion EMPL
Lead committee dossier:

Events

2018/10/03
   Final act published in Official Journal
Details

PURPOSE: to grant discharge to the European Insurance and Occupational Pensions Authority (EIOPA) for the financial year 2016.

NON-LEGISLATIVE ACT: Decision (EU) 2018/1382 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 2016.

CONTENT: the European Parliament decided to grant 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 2016.

This decision is accompanied by a resolution of the European Parliament containing the observations which form an integral part of the discharge decision in respect of the implementation of the general budget of the European Union for the financial year 2016 ( please refer to the summary dated 18.4.2018 ).

In this resolution, Parliament welcomed the fact that the Authority proactively engages with its members to understand the extent of the impact of the United Kingdom’s decision to withdraw from the Union on the supervision of insurance and pension activity as well as the impact on the Authority as an institution. It noted that the Authority is in contact and exchanges informally with the Commission.

It noted that the review of Authority’s website has been completed and that the redesign is planned to be implemented by the end of 2018 with the aim of making information about the Authority’s activities more accessible to a broader audience.

Lastly, Parliament noted with great satisfaction that in 2016 the Authority was engaged in ensuring a cost-effective and environment-friendly working place and in reducing or offsetting CO2 emissions.

2018/04/18
   EP - Results of vote in Parliament
2018/04/18
   EP - Debate in Parliament
2018/04/18
   EP - Decision by Parliament
Details

The European Parliament decided to grant discharge to the Executive Director of the European Insurance and Occupational Pensions Authority (EIOPA) in respect of the implementation of the Agency’s budget for the financial year 2016, and to approve the closure of the accounts for the financial year in question.

Noting that the Court of Auditors has stated that it has obtained reasonable assurances that the agency’s annual accounts for the financial year 2016 are reliable and that the underlying transactions are legal and regular , Parliament adopted by 578 votes to 114 with 7 abstentions, a resolution containing a series of recommendations, which form an integral part of the decision on discharge and which add to the general recommendations set out in the resolution on performance, financial management and control of EU agencies :

Authority’s financial statements : the final budget of the Authority for the financial year 2016 was EUR 21 762 500, representing an increase of 7.67 % compared to 2015. Budget and financial management : budget monitoring efforts during the financial year 2016 resulted in a budget implementation rate of 99.68 %, reaching the Authority’s planned target and representing a decrease of 0.29 % compared to 2015. Members noted the Authority’s efforts to reallocate the Authority’s budget and manpower internally , as the Authority’s workload is increasingly shifting from regulatory tasks to supervisory convergence and enforcement. They regard it as essential that the Authority have sufficient resources to carry out its assignments in full, including dealing with any additional workload necessitated by such assignments, whilst ensuring an appropriate level of prioritisation as regards resource allocation and budgetary efficiency. Commitments and carryovers : the commitments carried forward to the following year reduced from 16.21 % in 2015 to 10.71 % in 2016, demonstrating the Authority’s stricter budget monitoring. 94.55% of the credits carried over from 2015 to 2016 were used. Members welcomed the fact that in 2016, the Authority achieved the lowest carry-forward percentage ever.

Members also made a series of observations regarding transfers, procurement, staff policy, the prevention and management of conflicts of interests and internal audits.

The resolution stressed that a quarter of the Authority’s staff is now working in an open office environment in order to accommodate the increase in staff within the existing premises and reduce building related costs. The issues with recruitment might be related to the high cost of housing in the Authority’s seat in Frankfurt, as well as to the lack of financial attractiveness of the Authority compared to other European bodies such as the European Central Bank and the Single Supervisory Mechanism. The Authority was asked to report to the discharge authority on the measures taken to address this issue.

Members welcomed the fact that the Authority proactively engages with its members to understand the extent of the impact of the United Kingdom’s decision to withdraw from the Union on the supervision of insurance and pension activity as well as the impact on the Authority as an institution. A future decrease in the Authority’s revenue resulting from the United Kingdom’s decision to withdraw from the Union is likely.

Documents
2018/04/18
   EP - End of procedure in Parliament
2018/03/23
   EP - Committee report tabled for plenary
Details

The Committee on Budgetary Control adopted the report by Bart STAES (Greens/EFA, BE) on discharge in respect of the implementation of the budget of the European Insurance and Occupational Pensions Authority (EIOPA) for the financial year 2016.

The committee called on the European Parliament to grant the Executive Director of the Authority discharge in respect of the implementation of the Authority’s budget for the financial year 2016.

Noting that the Court of Auditors stated that it had obtained reasonable assurance that the annual accounts of the Authority for the financial year 2016 were reliable and that the underlying transactions were legal and regular, Members called on Parliament to approve the closure of the Authority’s accounts.

They made, however, a number of recommendations that needed to be taken into account when the discharge is granted, in addition to the general recommendations that appear in the draft resolution on performance, financial management and control of EU agencies :

Authority’s financial statements : Members noted that the final budget of the Authority for the financial year 2016 was EUR 21 762 500, representing an increase of 7.67 % compared to 2015. Budget and financial management : budget monitoring efforts during the financial year 2016 resulted in a budget implementation rate of 99.68 %, reaching the Authority’s planned target and representing a decrease of 0.29 % compared to 2015. Members noted the Authority’s efforts to reallocate the Authority’s budget and manpower internally, as the Authority’s workload is increasingly shifting from regulatory tasks to supervisory convergence and enforcement. They regard it as essential that the Authority have sufficient resources to carry out its assignments in full, including dealing with any additional workload necessitated by such assignments, whilst ensuring an appropriate level of prioritisation as regards resource allocation and budgetary efficiency. Commitments and carryovers : the commitments carried forward to the following year reduced from 16.21 % in 2015 to 10.71 % in 2016, demonstrating the Authority’s stricter budget monitoring. Members welcomed the fact that in 2016, the Authority achieved the lowest carry-forward percentage ever.

Members also made a series of observations regarding transfers, procurement, staff policy, the prevention and management of conflicts of interests and internal audits.

They pointed out that 2016 marked the first phase of the move to open office: a quarter of the Authority’s staff is now working in an open office environment in order to accommodate the increase in staff within the existing premises and reduce building related costs.

Members welcomed the fact that the Authority proactively engages with its members to understand the extent of the impact of the United Kingdom’s decision to withdraw from the Union on the supervision of insurance and pension activity as well as the impact on the Authority as an institution. A future decrease in the Authority’s revenue resulting from the United Kingdom’s decision to withdraw from the Union is likely.

Documents
2018/03/20
   EP - Vote in committee
2018/03/02
   EP - Amendments tabled in committee
Documents
2018/03/01
   EP - Committee opinion
Documents
2018/02/09
   CSL - Supplementary non-legislative basic document
Details

Having examined the revenue and expenditure accounts for the financial year 2016 and the balance sheet as at 31 December 2016 of the European Insurance and Occupational Pensions Authority (EIOPA), as well as the Court of Auditors' report on the annual accounts of the Authority for the financial year 2016, accompanied by the Authority's replies to the Court's observations, the Council recommended the European Parliament to give a discharge to the Executive Director of the Authority in respect of the implementation of the budget for the financial year 2016.

No further comments were made as regards the accounts.

Documents
2018/01/24
   EP - Committee draft report
Documents
2017/10/05
   EP - SWINBURNE Kay (ECR) appointed as rapporteur in ECON
2017/09/19
   CofA - Court of Auditors: opinion, report
Details

PURPOSE: presentation of the EU Court of Auditors’ report on the annual accounts of the European Insurance and Occupational Pensions Authority (EIOPA) for the year 2016, together with the EIOPA’s reply.

CONTENT: in accordance with the tasks conferred on the Court of Auditors by the Treaty on the Functioning of the European Union, the Court presents to the European Parliament and to the Council, in the context of the discharge procedure, a Statement of Assurance as to the reliability of the annual accounts of each institution, body or agency of the EU, and the legality and regularity of the transactions underlying them, on the basis of an independent external audit.

This audit focused on the annual accounts of the European Insurance and Occupational Pensions Authority ( EIOPA ). To recall, the Authority’s task is to contribute to the establishment of high-quality common regulatory and supervisory standards and practices, to contribute to the consistent application of legally binding Union acts, to stimulate and facilitate the delegation of tasks and responsibilities among competent authorities, to monitor and assess market developments in the area of its competence and to foster the protection of policyholders, pension scheme members and beneficiaries.

Statement of assurance : pursuant to the provisions of Article 287 of the Treaty on the Functioning of the European Union (TFEU), the Court has audited:

the annual accounts of the Agency, which comprise the financial statements and the reports on the implementation of the budget for the financial year ended 31 December 2016, and the legality and regularity of the transactions underlying those accounts.

Opinion on the reliability of the accounts : in the Court’s opinion, the Authority’s annual accounts present fairly, in all material respects, its financial position as at 31 December 2016 and the results of its operations and its cash flows for the year then ended, in accordance with the provisions of its Financial Regulation and the accounting rules adopted by the Commission’s accounting officer.

Opinion on the legality and regularity of the transactions underlying the accounts : in the Court’s opinion, the transactions underlying the annual accounts for the year ended 31 December 2016 are legal and regular in all material respects.

The Court’s observations : without calling into question its opinion, the Court draws attention to the fact that the United Kingdom (UK) notified the European Council on 29 March 2017 of its decision to withdraw from the European Union. An agreement setting out the arrangements for its withdrawal will be negotiated. EIOPA’s budget is financed by 40 % from European Union funds and by 60 % through direct contributions from EU Member States. A future decrease of the Authority’s revenue resulting from the UK’s decision to leave the EU is possible.

The Court did not make any other particular comment on the Authority’s budgetary management.

Lastly, the Court of Auditors’ report also contained a summary of the Authority’s key figures in 2016 :

Budget : EUR 21.8 million. Staff : 139 including officials, temporary and contract staff and seconded national experts.

2017/09/14
   EP - STAES Bart (Verts/ALE) appointed as rapporteur in CONT
2017/09/13
   EP - Committee referral announced in Parliament
2017/06/26
   EC - Non-legislative basic document published
Details

PURPOSE: presentation by the Commission of the consolidated annual accounts of the European Union for the financial year 2016, as part of the 2016 discharge procedure.

Analysis of the accounts of the European Insurance and Occupational Pensions Authority (EIOPA) .

CONTENT: the organisational governance of the EU consists of institutions, agencies and other EU bodies whose expenditure is included in the general budget of the Union.

This Commission document concerns the EU's consolidated accounts for the year 2016 and details how spending by the EU institutions and bodies was carried out. The consolidated annual accounts of the EU provide financial information on the activities of the institutions, agencies and other bodies of the EU from an accrual accounting and budgetary perspective.

It is the responsibility of the Commission's Accounting Officer to prepare the EU's consolidated annual accounts and ensure that they present fairly, in all material aspects, the financial position, the result of the operations and the cash flows of the EU institutions and bodies, including the European Insurance and Occupational Pensions Authority ( EIOPA ), with a view to granting discharge.

Discharge procedure : the final step of a budget lifecycle is the discharge of the budget for a given financial year. It represents the political aspect of the external control of budget implementation and is the decision by which the European Parliament, acting on a Council recommendation, " releases " the Commission (and other EU bodies) from its responsibility for management of a given budget by marking the end of that budget's existence. The European Parliament is the discharge authority within the EU.

The discharge procedure may produce three outcomes: (i) the granting; (ii) postponement or; (iii) the refusal of the discharge.

The final discharge report including specific recommendations to the Commission for action is adopted in plenary by the European Parliament and are subject to an annual follow up report in which the Commission outlines the concrete actions it has taken to implement the recommendations made.

Each agency is subject to its own discharge procedure, including the EIOPA .

The European Insurance and Occupational Pensions Authority (EIOPA) : the EIOPA, which is located in Frankfurt (DE), was set up by Regulation (EU) No 1094/2010 of the European Parliament and of the Council with a view to improving the functioning of the internal market by means of ensuring a high, effective and consistent level of prudential regulation and supervision, protecting policyholders, pension scheme members and other beneficiaries.

As regards the accounts , EIOPA’s operating budget for 2016 was EUR 21 762 500. By the end of 2016, the budget implementation rate was 99.68% for commitment appropriations.

Commitment appropriations :

available: EUR 22 million; made: EUR 22 million.

Payment appropriations :

available: EUR 25 million; paid: EUR 22 million.

For further details on expenditure, please refer to the 2016 final accounts of the Insurance and Occupational Pensions Authority.

Documents

Votes

A8-0088/2018 - Bart Staes - résolution 18/04/2018 12:59:11.000 #

2018/04/18 Outcome: +: 578, -: 114, 0: 7
DE FR IT ES RO AT SE HU NL BG CZ BE PT FI HR EL LT IE SK LV SI CY MT LU EE DK PL ?? GB
Total
88
68
65
49
30
18
20
18
25
16
18
20
20
13
11
21
10
10
12
7
7
6
6
5
5
12
47
1
69
icon: PPE PPE
203

Lithuania PPE

2

Cyprus PPE

1

Luxembourg PPE

3

Estonia PPE

For (1)

1

Denmark PPE

For (1)

1

United Kingdom PPE

2
icon: S&D S&D
179

Netherlands S&D

3

Croatia S&D

2

Ireland S&D

For (1)

1

Latvia S&D

1

Slovenia S&D

For (1)

1

Cyprus S&D

2

Malta S&D

3

Luxembourg S&D

For (1)

1

Denmark S&D

2
icon: ALDE ALDE
66

Romania ALDE

2

Austria ALDE

For (1)

1

Portugal ALDE

1

Croatia ALDE

2

Ireland ALDE

For (1)

1

Latvia ALDE

1

Slovenia ALDE

For (1)

1

Luxembourg ALDE

For (1)

1

Estonia ALDE

3

United Kingdom ALDE

1
icon: Verts/ALE Verts/ALE
50

Italy Verts/ALE

For (1)

1

Austria Verts/ALE

3

Hungary Verts/ALE

For (1)

1

Netherlands Verts/ALE

2

Belgium Verts/ALE

2

Finland Verts/ALE

For (1)

1

Croatia Verts/ALE

For (1)

1

Lithuania Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Slovenia Verts/ALE

For (1)

1

Estonia Verts/ALE

For (1)

1

Denmark Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
46

Sweden GUE/NGL

For (1)

1

Netherlands GUE/NGL

3

Czechia GUE/NGL

1

Portugal GUE/NGL

For (1)

4

Finland GUE/NGL

For (1)

1

Ireland GUE/NGL

Against (1)

4

Cyprus GUE/NGL

2

Denmark GUE/NGL

Abstain (1)

1

United Kingdom GUE/NGL

1
icon: ENF ENF
33

Germany ENF

Against (1)

1

Netherlands ENF

3

Belgium ENF

Against (1)

1

Poland ENF

2

United Kingdom ENF

Against (1)

1
icon: NI NI
18

France NI

2

Hungary NI

For (1)

3

Denmark NI

1

NI

For (1)

1

United Kingdom NI

Against (2)

Abstain (1)

3
icon: EFDD EFDD
39

Germany EFDD

Against (1)

1

France EFDD

3

Sweden EFDD

2

Czechia EFDD

Against (1)

1

Lithuania EFDD

For (1)

1

Poland EFDD

1
icon: ECR ECR
63

Italy ECR

2

Romania ECR

For (1)

Against (1)

2

Netherlands ECR

2

Bulgaria ECR

2

Czechia ECR

2
3

Finland ECR

2

Croatia ECR

Against (1)

1

Greece ECR

Against (1)

1

Lithuania ECR

Against (1)

1

Slovakia ECR

2

Cyprus ECR

1
AmendmentsDossier
45 2017/2172(DEC)
2018/01/22 ECON 31 amendments...
source: 616.547
2018/03/02 CONT 14 amendments...
source: 618.249

History

(these mark the time of scraping, not the official date of the change)

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  • date: 2017-09-19T00:00:00 docs: url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2017:417:TOC title: OJ C 417 06.12.2017, p. 0126 title: N8-0026/2018 summary: PURPOSE: presentation of the EU Court of Auditors’ report on the annual accounts of the European Insurance and Occupational Pensions Authority (EIOPA) for the year 2016, together with the EIOPA’s reply. CONTENT: in accordance with the tasks conferred on the Court of Auditors by the Treaty on the Functioning of the European Union, the Court presents to the European Parliament and to the Council, in the context of the discharge procedure, a Statement of Assurance as to the reliability of the annual accounts of each institution, body or agency of the EU, and the legality and regularity of the transactions underlying them, on the basis of an independent external audit. This audit focused on the annual accounts of the European Insurance and Occupational Pensions Authority ( EIOPA ). To recall, the Authority’s task is to contribute to the establishment of high-quality common regulatory and supervisory standards and practices, to contribute to the consistent application of legally binding Union acts, to stimulate and facilitate the delegation of tasks and responsibilities among competent authorities, to monitor and assess market developments in the area of its competence and to foster the protection of policyholders, pension scheme members and beneficiaries. Statement of assurance : pursuant to the provisions of Article 287 of the Treaty on the Functioning of the European Union (TFEU), the Court has audited: the annual accounts of the Agency, which comprise the financial statements and the reports on the implementation of the budget for the financial year ended 31 December 2016, and the legality and regularity of the transactions underlying those accounts. Opinion on the reliability of the accounts : in the Court’s opinion, the Authority’s annual accounts present fairly, in all material respects, its financial position as at 31 December 2016 and the results of its operations and its cash flows for the year then ended, in accordance with the provisions of its Financial Regulation and the accounting rules adopted by the Commission’s accounting officer. Opinion on the legality and regularity of the transactions underlying the accounts : in the Court’s opinion, the transactions underlying the annual accounts for the year ended 31 December 2016 are legal and regular in all material respects. The Court’s observations : without calling into question its opinion, the Court draws attention to the fact that the United Kingdom (UK) notified the European Council on 29 March 2017 of its decision to withdraw from the European Union. An agreement setting out the arrangements for its withdrawal will be negotiated. EIOPA’s budget is financed by 40 % from European Union funds and by 60 % through direct contributions from EU Member States. A future decrease of the Authority’s revenue resulting from the UK’s decision to leave the EU is possible. The Court did not make any other particular comment on the Authority’s budgetary management. Lastly, the Court of Auditors’ report also contained a summary of the Authority’s key figures in 2016 : Budget : EUR 21.8 million. Staff : 139 including officials, temporary and contract staff and seconded national experts. type: Court of Auditors: opinion, report body: CofA
  • date: 2018-01-24T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE613.451 title: PE613.451 type: Committee draft report body: EP
  • date: 2018-02-09T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=5941%2F18&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 05941/2018 summary: Having examined the revenue and expenditure accounts for the financial year 2016 and the balance sheet as at 31 December 2016 of the European Insurance and Occupational Pensions Authority (EIOPA), as well as the Court of Auditors' report on the annual accounts of the Authority for the financial year 2016, accompanied by the Authority's replies to the Court's observations, the Council recommended the European Parliament to give a discharge to the Executive Director of the Authority in respect of the implementation of the budget for the financial year 2016. No further comments were made as regards the accounts. type: Supplementary non-legislative basic document body: CSL
  • date: 2018-03-01T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE613.564&secondRef=02 title: PE613.564 committee: ECON type: Committee opinion body: EP
  • date: 2018-03-02T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE618.249 title: PE618.249 type: Amendments tabled in committee body: EP
events
  • date: 2017-06-26T00:00:00 type: Non-legislative basic document published body: EC docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2017/0365/COM_COM(2017)0365_EN.pdf title: COM(2017)0365 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2017&nu_doc=0365 title: EUR-Lex summary: PURPOSE: presentation by the Commission of the consolidated annual accounts of the European Union for the financial year 2016, as part of the 2016 discharge procedure. Analysis of the accounts of the European Insurance and Occupational Pensions Authority (EIOPA) . CONTENT: the organisational governance of the EU consists of institutions, agencies and other EU bodies whose expenditure is included in the general budget of the Union. This Commission document concerns the EU's consolidated accounts for the year 2016 and details how spending by the EU institutions and bodies was carried out. The consolidated annual accounts of the EU provide financial information on the activities of the institutions, agencies and other bodies of the EU from an accrual accounting and budgetary perspective. It is the responsibility of the Commission's Accounting Officer to prepare the EU's consolidated annual accounts and ensure that they present fairly, in all material aspects, the financial position, the result of the operations and the cash flows of the EU institutions and bodies, including the European Insurance and Occupational Pensions Authority ( EIOPA ), with a view to granting discharge. Discharge procedure : the final step of a budget lifecycle is the discharge of the budget for a given financial year. It represents the political aspect of the external control of budget implementation and is the decision by which the European Parliament, acting on a Council recommendation, " releases " the Commission (and other EU bodies) from its responsibility for management of a given budget by marking the end of that budget's existence. The European Parliament is the discharge authority within the EU. The discharge procedure may produce three outcomes: (i) the granting; (ii) postponement or; (iii) the refusal of the discharge. The final discharge report including specific recommendations to the Commission for action is adopted in plenary by the European Parliament and are subject to an annual follow up report in which the Commission outlines the concrete actions it has taken to implement the recommendations made. Each agency is subject to its own discharge procedure, including the EIOPA . The European Insurance and Occupational Pensions Authority (EIOPA) : the EIOPA, which is located in Frankfurt (DE), was set up by Regulation (EU) No 1094/2010 of the European Parliament and of the Council with a view to improving the functioning of the internal market by means of ensuring a high, effective and consistent level of prudential regulation and supervision, protecting policyholders, pension scheme members and other beneficiaries. As regards the accounts , EIOPA’s operating budget for 2016 was EUR 21 762 500. By the end of 2016, the budget implementation rate was 99.68% for commitment appropriations. Commitment appropriations : available: EUR 22 million; made: EUR 22 million. Payment appropriations : available: EUR 25 million; paid: EUR 22 million. For further details on expenditure, please refer to the 2016 final accounts of the Insurance and Occupational Pensions Authority.
  • date: 2017-09-13T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2018-03-20T00:00:00 type: Vote in committee, 1st reading/single reading body: EP
  • date: 2018-03-23T00:00:00 type: Committee report tabled for plenary, single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A8-2018-0088&language=EN title: A8-0088/2018 summary: The Committee on Budgetary Control adopted the report by Bart STAES (Greens/EFA, BE) on discharge in respect of the implementation of the budget of the European Insurance and Occupational Pensions Authority (EIOPA) for the financial year 2016. The committee called on the European Parliament to grant the Executive Director of the Authority discharge in respect of the implementation of the Authority’s budget for the financial year 2016. Noting that the Court of Auditors stated that it had obtained reasonable assurance that the annual accounts of the Authority for the financial year 2016 were reliable and that the underlying transactions were legal and regular, Members called on Parliament to approve the closure of the Authority’s accounts. They made, however, a number of recommendations that needed to be taken into account when the discharge is granted, in addition to the general recommendations that appear in the draft resolution on performance, financial management and control of EU agencies : Authority’s financial statements : Members noted that the final budget of the Authority for the financial year 2016 was EUR 21 762 500, representing an increase of 7.67 % compared to 2015. Budget and financial management : budget monitoring efforts during the financial year 2016 resulted in a budget implementation rate of 99.68 %, reaching the Authority’s planned target and representing a decrease of 0.29 % compared to 2015. Members noted the Authority’s efforts to reallocate the Authority’s budget and manpower internally, as the Authority’s workload is increasingly shifting from regulatory tasks to supervisory convergence and enforcement. They regard it as essential that the Authority have sufficient resources to carry out its assignments in full, including dealing with any additional workload necessitated by such assignments, whilst ensuring an appropriate level of prioritisation as regards resource allocation and budgetary efficiency. Commitments and carryovers : the commitments carried forward to the following year reduced from 16.21 % in 2015 to 10.71 % in 2016, demonstrating the Authority’s stricter budget monitoring. Members welcomed the fact that in 2016, the Authority achieved the lowest carry-forward percentage ever. Members also made a series of observations regarding transfers, procurement, staff policy, the prevention and management of conflicts of interests and internal audits. They pointed out that 2016 marked the first phase of the move to open office: a quarter of the Authority’s staff is now working in an open office environment in order to accommodate the increase in staff within the existing premises and reduce building related costs. Members welcomed the fact that the Authority proactively engages with its members to understand the extent of the impact of the United Kingdom’s decision to withdraw from the Union on the supervision of insurance and pension activity as well as the impact on the Authority as an institution. A future decrease in the Authority’s revenue resulting from the United Kingdom’s decision to withdraw from the Union is likely.
  • date: 2018-04-18T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=30944&l=en title: Results of vote in Parliament
  • date: 2018-04-18T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20180418&type=CRE title: Debate in Parliament
  • date: 2018-04-18T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P8-TA-2018-0148 title: T8-0148/2018 summary: The European Parliament decided to grant discharge to the Executive Director of the European Insurance and Occupational Pensions Authority (EIOPA) in respect of the implementation of the Agency’s budget for the financial year 2016, and to approve the closure of the accounts for the financial year in question. Noting that the Court of Auditors has stated that it has obtained reasonable assurances that the agency’s annual accounts for the financial year 2016 are reliable and that the underlying transactions are legal and regular , Parliament adopted by 578 votes to 114 with 7 abstentions, a resolution containing a series of recommendations, which form an integral part of the decision on discharge and which add to the general recommendations set out in the resolution on performance, financial management and control of EU agencies : Authority’s financial statements : the final budget of the Authority for the financial year 2016 was EUR 21 762 500, representing an increase of 7.67 % compared to 2015. Budget and financial management : budget monitoring efforts during the financial year 2016 resulted in a budget implementation rate of 99.68 %, reaching the Authority’s planned target and representing a decrease of 0.29 % compared to 2015. Members noted the Authority’s efforts to reallocate the Authority’s budget and manpower internally , as the Authority’s workload is increasingly shifting from regulatory tasks to supervisory convergence and enforcement. They regard it as essential that the Authority have sufficient resources to carry out its assignments in full, including dealing with any additional workload necessitated by such assignments, whilst ensuring an appropriate level of prioritisation as regards resource allocation and budgetary efficiency. Commitments and carryovers : the commitments carried forward to the following year reduced from 16.21 % in 2015 to 10.71 % in 2016, demonstrating the Authority’s stricter budget monitoring. 94.55% of the credits carried over from 2015 to 2016 were used. Members welcomed the fact that in 2016, the Authority achieved the lowest carry-forward percentage ever. Members also made a series of observations regarding transfers, procurement, staff policy, the prevention and management of conflicts of interests and internal audits. The resolution stressed that a quarter of the Authority’s staff is now working in an open office environment in order to accommodate the increase in staff within the existing premises and reduce building related costs. The issues with recruitment might be related to the high cost of housing in the Authority’s seat in Frankfurt, as well as to the lack of financial attractiveness of the Authority compared to other European bodies such as the European Central Bank and the Single Supervisory Mechanism. The Authority was asked to report to the discharge authority on the measures taken to address this issue. Members welcomed the fact that the Authority proactively engages with its members to understand the extent of the impact of the United Kingdom’s decision to withdraw from the Union on the supervision of insurance and pension activity as well as the impact on the Authority as an institution. A future decrease in the Authority’s revenue resulting from the United Kingdom’s decision to withdraw from the Union is likely.
  • date: 2018-04-18T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2018-10-03T00:00:00 type: Final act published in Official Journal summary: PURPOSE: to grant discharge to the European Insurance and Occupational Pensions Authority (EIOPA) for the financial year 2016. NON-LEGISLATIVE ACT: Decision (EU) 2018/1382 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 2016. CONTENT: the European Parliament decided to grant 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 2016. This decision is accompanied by a resolution of the European Parliament containing the observations which form an integral part of the discharge decision in respect of the implementation of the general budget of the European Union for the financial year 2016 ( please refer to the summary dated 18.4.2018 ). In this resolution, Parliament welcomed the fact that the Authority proactively engages with its members to understand the extent of the impact of the United Kingdom’s decision to withdraw from the Union on the supervision of insurance and pension activity as well as the impact on the Authority as an institution. It noted that the Authority is in contact and exchanges informally with the Commission. It noted that the review of Authority’s website has been completed and that the redesign is planned to be implemented by the end of 2018 with the aim of making information about the Authority’s activities more accessible to a broader audience. Lastly, Parliament noted with great satisfaction that in 2016 the Authority was engaged in ensuring a cost-effective and environment-friendly working place and in reducing or offsetting CO2 emissions.
links
other
  • body: EC dg: url: http://ec.europa.eu/info/departments/budget_en title: Budget commissioner: OETTINGER Günther
procedure/dossier_of_the_committee
Old
CONT/8/10825
New
  • CONT/8/10825
procedure/final
title
OJ L 248 03.10.2018, p. 0246
url
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2018:248:TOC
procedure/stage_reached
Old
Procedure completed, awaiting publication in Official Journal
New
Procedure completed
procedure/subject
Old
  • 8.70.03.06 2016 discharge
New
8.70.03.06
2016 discharge
activities/1/committees/0/shadows/2
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ECR
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FITTO Raffaele
activities/2
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2018-03-20T00:00:00
body
EP
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committees
activities/3
date
2018-03-23T00:00:00
docs
url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A8-2018-0088&language=EN type: Committee report tabled for plenary, single reading title: A8-0088/2018
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EP
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Committee report tabled for plenary, single reading
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EP
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Results of vote in Parliament
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group
ECR
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FITTO Raffaele
procedure/stage_reached
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Awaiting committee decision
New
Procedure completed, awaiting publication in Official Journal
activities/1/committees/1/date
2017-10-05T00:00:00
activities/1/committees/1/rapporteur
  • group: ECR name: SWINBURNE Kay
committees/1/date
2017-10-05T00:00:00
committees/1/rapporteur
  • group: ECR name: SWINBURNE Kay
activities/0/docs/0/text
  • PURPOSE: presentation by the Commission of the consolidated annual accounts of the European Union for the financial year 2016, as part of the 2016 discharge procedure.

    Analysis of the accounts of the European Insurance and Occupational Pensions Authority (EIOPA).

    CONTENT: the organisational governance of the EU consists of institutions, agencies and other EU bodies whose expenditure is included in the general budget of the Union.

    This Commission document concerns the EU's consolidated accounts for the year 2016 and details how spending by the EU institutions and bodies was carried out. The consolidated annual accounts of the EU provide financial information on the activities of the institutions, agencies and other bodies of the EU from an accrual accounting and budgetary perspective.

    It is the responsibility of the Commission's Accounting Officer to prepare the EU's consolidated annual accounts and ensure that they present fairly, in all material aspects, the financial position, the result of the operations and the cash flows of the EU institutions and bodies, including the European Insurance and Occupational Pensions Authority (EIOPA), with a view to granting discharge.

    Discharge procedure: the final step of a budget lifecycle is the discharge of the budget for a given financial year. It represents the political aspect of the external control of budget implementation and is the decision by which the European Parliament, acting on a Council recommendation, "releases" the Commission (and other EU bodies) from its responsibility for management of a given budget by marking the end of that budget's existence. The European Parliament is the discharge authority within the EU.

    The discharge procedure may produce three outcomes: (i) the granting; (ii) postponement or; (iii) the refusal of the discharge.

    The final discharge report including specific recommendations to the Commission for action is adopted in plenary by the European Parliament and are subject to an annual follow up report in which the Commission outlines the concrete actions it has taken to implement the recommendations made.

    Each agency is subject to its own discharge procedure, including the EIOPA.

    The European Insurance and Occupational Pensions Authority (EIOPA): the EIOPA, which is located in Frankfurt (DE), was set up by Regulation (EU) No 1094/2010 of the European Parliament and of the Council with a view to improving the functioning of the internal market by means of ensuring a high, effective and consistent level of prudential regulation and supervision, protecting policyholders, pension scheme members and other beneficiaries.

    As regards the accounts, EIOPA’s operating budget for 2016 was EUR 21 762 500. By the end of 2016, the budget implementation rate was 99.68% for commitment appropriations.

    Commitment appropriations:

    • available: EUR 22 million;
    • made: EUR 22 million.

    Payment appropriations:

    • available: EUR 25 million;
    • paid: EUR 22 million.

    For further details on expenditure, please refer to the 2016 final accounts of the Insurance and Occupational Pensions Authority.

activities/1/committees/0/shadows/5
group
ENF
name
KAPPEL Barbara
committees/0/shadows/5
group
ENF
name
KAPPEL Barbara
activities/0/commission/0
DG
Commissioner
OETTINGER Günther
other/0
body
EC
dg
commissioner
OETTINGER Günther
activities/1
date
2017-09-13T00:00:00
body
EP
type
Committee referral announced in Parliament, 1st reading/single reading
committees
procedure/dossier_of_the_committee
CONT/8/10825
procedure/stage_reached
Old
Preparatory phase in Parliament
New
Awaiting committee decision
committees/0/date
2017-09-14T00:00:00
committees/0/rapporteur
  • group: Verts/ALE name: STAES Bart
committees/0/shadows
  • group: EPP name: SARVAMAA Petri
  • group: S&D name: LIBERADZKI Bogusław
  • group: ALDE name: ALI Nedzhmi
  • group: GUE/NGL name: DE JONG Dennis
  • group: EFD name: VALLI Marco
activities
  • date: 2017-06-26T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2017/0365/COM_COM(2017)0365_EN.pdf celexid: CELEX:52017DC0365:EN type: Non-legislative basic document published title: COM(2017)0365 type: Non-legislative basic document published body: EC commission:
committees
  • body: EP responsible: True committee_full: Budgetary Control committee: CONT
  • body: EP responsible: False committee_full: Economic and Monetary Affairs committee: ECON
  • body: EP responsible: False committee_full: Employment and Social Affairs committee: EMPL
links
other
    procedure
    type
    DEC - Discharge procedure
    title
    2016 discharge: European Insurance and Occupational Pensions Authority (EIOPA)
    stage_reached
    Preparatory phase in Parliament
    reference
    2017/2172(DEC)
    subject
    8.70.03.06 2016 discharge