On discharge in respect of the implementation of the budget of the European Insurance and Occupational Pensions Authority for the financial year 2022
A-9-2024-0097
Committee on Budgetary Control · Rapporteur: Petri Sarvamaa
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Parliament grants the Executive Director of the European Insurance and Occupational Pensions Authority (EIOPA) discharge for the 2022 budget and approves the closure of the 2022 accounts.¶¶ It sets out observations in a resolution: the 2022 budget was EUR 34 571 120, the Court of Auditors found the accounts reliable and the transactions legal and regular, and the budget implementation rate was 99,46 %.¶¶¶ It notes the Authority's performance, digital transformation, staff policy, ethics and transparency measures, and internal control, and calls for follow-up on procurement irregularities and on an inquiry into the National Bank of Slovakia.¶¶¶
Committee position. The Committee on Budgetary Control proposes that Parliament grant discharge to the Executive Director of EIOPA for the 2022 budget, approve the closure of the 2022 accounts, and adopt a resolution with observations on budget management, performance, staff, procurement, ethics and internal control.¶¶¶
Key points
- Parliament grants the Executive Director of EIOPA discharge for the implementation of the Authority's 2022 budget and approves the closure of the 2022 accounts.¶¶
- The final 2022 budget was EUR 34 571 120, up 5,27 % on 2021, financed by a Union contribution of EUR 12 932 000 (37,40 %) and national supervisory authority contributions of EUR 21 076 120 (60,96 %).¶
- The Court of Auditors obtained reasonable assurance that the annual accounts are reliable and the underlying transactions legal and regular.¶
- Budget implementation reached 99,46 % (down 0,52 % on 2021) and payment appropriations execution 92,07 % (up 12,95 %).¶
- The Authority met or exceeded 15 of 17 strategic targets, delivered 342 products and services (91 % of the total) as planned, and increased speaking engagements from 167 in 2021 to 214 in 2022.¶¶
- Parliament recognises achievements in supervisory convergence, consumer protection and financial stability, including the first IORP climate stress test, Solvency II technical standards, sustainability guidance, and input on the Artificial Intelligence Act and DORA.¶
- It notes the Authority's recommendation to the National Bank of Slovakia over a breach of capital requirements, the Commission's formal opinion and an inquiry under Article 22 of the EIOPA Regulation, and calls for updates on the follow-up.¶
- It notes the Authority's monitoring of markets amid Russia's invasion of Ukraine and inflation, its 2023-2026 strategy, and its work on digital transformation, cloud strategy and cost-efficiency measures.¶¶¶
- It notes EMAS certification in 2022, a 99 % completed establishment plan with 137 temporary agents, 36 contract agents and 24 seconded national experts, and calls for gender balance in future recruitment.¶¶¶
- It welcomes diversity and inclusion measures, disability awareness actions, staff well-being initiatives, and the publication of declarations of interests and lobbyist meetings.¶¶¶
- It notes strengthened ethics rules, a whistleblowing case referred to OLAF and dismissed, and revised rules of procedure on conflicted board members.¶¶¶
- It notes the internal control assessment, internal audit and quality control reports, risk mitigation measures, and calls for updates on recommendations; it also notes irregular payments of EUR 25 607 and EUR 288 125 and calls for preventive efforts.¶¶¶
Who is affected
- The European Insurance and Occupational Pensions Authority and its Executive Director, who receives discharge and must follow up on observations.¶¶¶
- National supervisory authorities in member states, which contribute 60,96 % of the Authority's budget and cooperate on supervision.¶¶
- The National Bank of Slovakia, found in breach of Union law and subject to a Commission formal opinion and an inquiry.¶
- Insurers, reinsurers and occupational pension funds, affected by the Authority's supervision, stress tests and technical standards.¶
- The Authority's staff, covered by ethics rules, diversity measures, well-being initiatives and whistleblowing procedures.¶¶¶
Figures and deadlines
- Final budget for 2022: EUR 34 571 120, an increase of 5,27 % compared to 2021.¶
- Union contribution: EUR 12 932 000, representing 37,40 % of the budget.
- National supervisory authority contributions: EUR 21 076 120, representing 60,96 % of the budget.
- Budget implementation rate: 99,46 %, a decrease of 0,52 % compared to 2021.¶
- Payment appropriations execution rate: 92,07 %, an increase of 12,95 % compared to 2021.
- Irregular payments after a contract end: EUR 25 607 for telecommunication services (2017-2021).¶
- Irregular payment regarding the rental contract for premises: EUR 288 125.¶
- Staff on 31 December 2022: 137 temporary agents out of 138 authorised, 36 contract agents and 24 seconded national experts.¶
Legal basis: Article 319 of the Treaty on the Functioning of the European Union.¶¶