European Insurance and Occupational Pensions Authority and Regulation: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
(Layout.)
 
Line 1: Line 1:
(EIOPA).  
1.  


EIOPA is part of the European System of Financial Supervision consisting of three European Supervisory Authorities and the European Systemic Risk Board.  
The official control of markets or of other activities, usually by a system of rules, often including primary or secondary legislation.


It is an independent advisory body to the European Parliament, the Council of the European Union and the European Commission.


2. ''Law.''
A rule with legal force, designed to carry out a specific piece of legislation. Usually enforced by a regulatory agency.


EIOPA’s responsibilities include supporting the stability of the financial system, transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries.


EIOPA is a successor to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) which was created as part of the Lamfalussy Process.
3. ''European Union law''.  


An act of European Union (EU) law having direct effect in all member states.
EU Regulations are passed either jointly by the EU Council and European Parliament, or by the EU Commission alone.
4.
More generally, a rule to control, direct or manage an activity, organisation or system.
A 'regulation' - in this broadest sense - may or may not have legal authority.




== See also ==
== See also ==
* [[Lamfalussy Standards]]
* [[Benchmarks Regulation]]
* [[European Securities and Markets Authority]]
* [[Blocking Regulation]]
* [[Compliance risk]]
* [[CSRC]]
* [[Decision]]
* [[Deregulation]]
* [[Directive]]
* [[European Union ]]
* [[Free market]]
* [[IFR]]
* [[Markets in Financial Instruments Regulation]]
* [[MAR]]
* [[Primary legislation]]
* [[Red tape]]
* [[Regtech]]
* [[Secondary legislation]]
* [[Securitisation Regulation]]
* [[SFTR]]
* [[Transparency]]
* [[Window-dressing]]
 
 
===Other links===
[http://www.treasurers.org/ACTmedia/Report%20on%20Regulatory%20Issues%20EACT%20Q2%202018%20for%20publication.pdf European Association of Corporate Treasurers, quarterly report on regulatory issues, July 2018]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 09:45, 28 November 2019

1.

The official control of markets or of other activities, usually by a system of rules, often including primary or secondary legislation.


2. Law.

A rule with legal force, designed to carry out a specific piece of legislation. Usually enforced by a regulatory agency.


3. European Union law.

An act of European Union (EU) law having direct effect in all member states.

EU Regulations are passed either jointly by the EU Council and European Parliament, or by the EU Commission alone.


4.

More generally, a rule to control, direct or manage an activity, organisation or system.

A 'regulation' - in this broadest sense - may or may not have legal authority.


See also


Other links

European Association of Corporate Treasurers, quarterly report on regulatory issues, July 2018