EIOPA Proposes New Funding Model

Letter to the European Commission on EIOPA's Funding Model

Introduction

The European Insurance and Occupational Pensions Authority (EIOPA) has addressed a letter to the European Commission concerning its funding model. This document, dated 15 July 2025, outlines the current challenges and proposes adjustments to ensure sustainable financing for EIOPA's operations.

Current Funding Model

EIOPA's funding is primarily derived from contributions by national competent authorities and the European Union. However, this model has faced scrutiny due to its reliance on public funds and the increasing demands placed on EIOPA to oversee the insurance and pensions sectors effectively.

Proposed Changes

The letter suggests a shift towards a more diversified funding approach, potentially incorporating industry contributions. This change aims to enhance EIOPA's financial independence and resilience, allowing it to better fulfill its regulatory and supervisory roles.

Rationale for Change

The proposed funding model seeks to address the limitations of the current system, which may not adequately support EIOPA's expanding mandate. By involving industry stakeholders in the funding process, EIOPA hopes to align its resources with its responsibilities more effectively.

Conclusion

The letter to the European Commission marks a significant step in EIOPA's efforts to secure a stable and sustainable funding model. The proposed changes reflect a broader trend towards involving industry participants in regulatory financing, ensuring that EIOPA can continue to protect policyholders and pension beneficiaries across Europe.

Quelques pistes pour l'intégration opérationnelle dans votre dispositif :

- Évaluer l'impact potentiel des changements de financement sur votre organisation.

- Anticiper les ajustements nécessaires dans les budgets de conformité.

- Renforcer la collaboration avec les autorités de régulation pour rester informé des évolutions.

- Préparer des communications internes pour expliquer les implications des changements de financement.

- Mettre en place des mécanismes de suivi pour évaluer l'efficacité du nouveau modèle de financement.