1 Amendments of Engin EROGLU related to 2020/2175(DEC)
Amendment 14 #
Draft opinion
Paragraph 4
Paragraph 4
4. Acknowledges that the composition of the Board of Supervisors seems appropriate to deal with the EIOPA’s rulemaking responsibilities, but less so for their supervisory roles; Reiterates its concern that national supervisors have a decisive say in the Authority’s main governing body, which means that they are in a position to decide the scope of the Authority’s action to review their own effectiveness (peer reviews); stresses that the lack of resources prevents the Authority from fulfilling its duties independently from member states4a; _________________ 4aSee special report of the Court of auditors: “In all its activities, EIOPA relies largely on co-operation with NCAs [national comepetent authorities], but it does not always receive their full support.(...) With only 20 staff members working on oversight issues and a further seven on related topics, EIOPA is faced with a real challenge in terms of carrying out the broad range of complex tasks for which it is responsible”https://www.eca.europa.eu/Li sts/ECADocuments/SR18_29/SR_EIOPA _EN.pdf