Summary
The European Parliament grants discharge to EIOPA for the 2014 budget and approves its account closure, while calling for reforms in financing and transparency. 10 14.09.2016
Other
economy
insurance
budgetary control
administrative law
public administration
financial institutions and credit
Key points
In force from 01/01/2014 Out of force from 31/12/2014
- The European Parliament grants discharge for the implementation of the authority's budget for the 2014 financial year.
- The Parliament approves the formal closure of the authority's accounts for the year 2014.
- The Court of Auditors confirmed that the financial statements are reliable and transactions are legal.
- There is a strong recommendation to change the financing model to replace national contributions with fees from market participants to protect independence.
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