Converging ideas: Building a European-wide supervisory culture in insurance and pensions

After what seemed like a flurry of regulatory activity in a relatively short space of time, the European Insurance & Occupational Pensions Authority (EIOPA) was formed in January 2011. It seemed like the body was formed while many in the industry were still wondering how a pan-European insurance supervisor of supervisors could operate in practice without compromising the work of the national authorities.

In this article, Gabriel Bernadino, Chair of EIOPA provides a perspective on the Authority's first year of operation.