On discharge in respect of the implementation of the budget of the European Insurance and Occupational Pensions Authority for the financial year 2022
CONT-PR-753521
Committee on Budgetary Control · Rapporteur: Petri Sarvamaa
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This draft report by the Committee on Budgetary Control proposes to grant discharge to the Executive Director of the European Insurance and Occupational Pensions Authority (EIOPA) for the 2022 budget and to approve the closure of its 2022 accounts.¶¶¶ It sets out observations on EIOPA's budget and financial management, performance, efficiency, staff policy, procurement, conflicts of interest, internal control and other matters.¶¶¶ The report notes EIOPA's 2022 budget of EUR 34 571 120, a budget implementation rate of 99.46% and a payment execution rate of 92.07%.¶ It commends EIOPA's achievements in supervision, consumer protection and financial stability, and its digital transformation and cost-efficiency measures.¶¶¶ It calls on EIOPA to keep the discharge authority informed on the follow-up to the inquiry concerning the National Bank of Slovakia and on the implementation of recommendations by the Internal Audit Service and the Quality Control Committee.¶¶
Committee position. The rapporteur proposes that Parliament grant discharge to EIOPA's Executive Director for the 2022 budget and approve the closure of its 2022 accounts, while setting out observations in an accompanying resolution.¶¶¶
Key points
- Parliament grants the Executive Director of EIOPA discharge for the implementation of the Authority's 2022 budget, or postpones that decision.¶
- Parliament approves the closure of EIOPA's 2022 accounts, or postpones that closure.¶
- The final 2022 budget was EUR 34 571 120, up 5.27% from 2021, financed by a Union contribution of EUR 12 932 000 (37.40%) and national supervisory authorities' contributions of EUR 21 076 120 (60.96%).¶
- The Court of Auditors found the accounts reliable and the underlying transactions legal and regular.¶
- Budget implementation was 99.46% (down 0.52% from 2021) and payment execution was 92.07% (up 12.95% from 2021).¶
- EIOPA set 17 strategic targets across seven work areas, achieved or exceeded 15, and delivered 342 products and services (91% of the total) as planned.¶¶
- EIOPA issued a recommendation to the National Bank of Slovakia over a breach of capital requirements, and the Commission issued a formal opinion; Parliament calls on EIOPA to keep the discharge authority informed on the inquiry's follow-up.¶
- EIOPA monitored markets amid the Russian invasion of Ukraine and inflation, publishing a supervisory statement on inflation.¶
- EIOPA invested in digital transformation, adopted a Cloud Strategy with other ESAs, and implemented cost-efficiency measures such as hybrid working and desk-sharing.¶¶¶
- On 31 December 2022, 99% of the establishment plan was completed (137 of 138 temporary agents), with 36 contract agents and 24 seconded national experts.¶
- The Court found irregular payments of EUR 25 607 after a contract's expiry and an amendment in breach of the Financial Regulation; an earlier EUR 288 125 irregular payment for premises remains open.¶¶
- EIOPA strengthened ethics rules, published declarations of interests and lobbyist meetings, and revised its Rules of Procedure on conflicts of interest.¶¶¶
Who is affected
- EIOPA and its Executive Director: subject to the discharge decision and closure of accounts.¶¶
- National supervisory authorities: contribute 60.96% of EIOPA's budget and are targeted by its supervisory measures.¶¶
- EIOPA staff: affected by staff policy, diversity, well-being and ethics rules.¶¶¶
- The National Bank of Slovakia: found in breach of Union law and required to take action.¶
Figures and deadlines
- EUR 34 571 120: final budget for 2022.¶
- 5.27%: increase in budget compared to 2021.
- EUR 12 932 000 (37.40%): Union contribution.
- EUR 21 076 120 (60.96%): contributions from national supervisory authorities.
- 99.46%: budget implementation rate in 2022.¶
- 92.07%: payment appropriations execution rate in 2022.
- EUR 25 607: irregular payments after contract end.¶
- EUR 288 125: irregular payment for premises rental contract.¶
Legal basis: Article 319 of the Treaty on the Functioning of the European Union.¶¶