Home Europe European Parliament Decision (EU) 2024/2299 of the European Parliament of 11 Apr...
Date: 10-Oct-2024 Category: Not Applicable State: Union Government Country: Europe

Decision (EU) 2024/2299 of the European Parliament of 11 April 2024 on the closure of the accounts of the European Insurance and Occupational Pensions Authority for the financial year 2022

Issued by European Parliament · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The European Parliament has approved the closure of the accounts of the European Insurance and Occupational Pensions Authority (EIOPA) for the financial year 2022. This decision follows a review of EIOPA's final annual accounts, the Court of Auditors' report, and the Council's recommendation.

Key Changes

  • The European Parliament formally approves the closure of EIOPA's accounts for the financial year 2022.
  • The decision is based on the Court of Auditors' annual report on EU agencies for the financial year 2022, including the statement of assurance regarding the reliability of the accounts and the legality and regularity of the underlying transactions.
  • The Council's recommendation of 22 February 2024, regarding the discharge to be given to EIOPA in respect of the implementation of the budget for the financial year 2022, was also considered.
  • The President of the European Parliament is instructed to forward the decision to the Executive Director of EIOPA, the Council, the Commission, and the Court of Auditors, and to arrange for its publication in the Official Journal of the European Union.

Impact Analysis

European Insurance and Occupational Pensions Authority (EIOPA)

  • Action Item: Review and implement any outstanding recommendations from the Court of Auditors' report to improve financial management and reporting.

European Parliament

  • Action Item: Continue to monitor the financial performance of EIOPA and other EU agencies through the Committee on Budgetary Control.

Council of the European Union

  • Action Item: Continue to provide recommendations on the discharge to be given to EIOPA based on thorough review of financial performance.

Court of Auditors

  • Action Item: Continue to conduct thorough audits of EIOPA and other EU agencies to ensure financial accountability and transparency.

EU Citizens and Stakeholders in Insurance and Occupational Pensions

  • Action Item: Maintain transparency and public reporting on EIOPA's financial performance and activities to build trust and confidence in the insurance and pensions sectors.

Key Entities Referenced

European Insurance and Occupational Pensions Authority (EIOPA): A European Supervisory Authority responsible for supervising insurance and occupational pensions in the EU. European Parliament: The directly elected parliamentary institution of the European Union. Council of the European Union: A body representing the governments of the EU member states. Court of Auditors: The EU's independent external auditor. Commission: The executive branch of the European Union. Treaty on the Functioning of the European Union: One of the primary treaties of the European Union, outlining its scope and operation. Regulation (EU, Euratom) 2018/1046: Regulation on the financial rules applicable to the general budget of the Union. Regulation (EU) No 1094/2010: Regulation establishing the European Insurance and Occupational Pensions Authority. Commission Delegated Regulation (EU) 2019/715: Regulation on the framework financial regulation for bodies set up under the TFEU and Euratom Treaty.
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Official Journal EN of the European Union L series 2024/2299 10.10.2024 DECISION (EU) 2024/2299 OF THE EUROPEAN PARLIAMENT of 11 April 2024 on the closure of the accounts of the European Insurance and Occupational Pensions Authority for the financial year 2022 THE EUROPEAN PARLIAMENT, — having regard to the final annual accounts of the European Insurance and Occupational Pensions Authority for the financial year 2022, — having regard to the Court of Auditors’ annual report on EU agencies for the financial year 2022, together with the agencies’ replies(1), — having regard to the statement of assurance(2)as to the reliability of the accounts and the legality and regularity of the underlying transactions provided by the Court of Auditors for the financial year 2022, pursuant to Article 287 of the Treaty on the Functioning of the European Union, — having regard to the Council’s recommendation of 22 February 2024on discharge to be given to the Authority in respect of the implementation of the budget for the financial year 2022 (06180/2024 – C9-0091/2024), — having regard to Article 319 of the Treaty on the Functioning of the European Union, — having regard to Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July 2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU) No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU) No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation (EU, Euratom) No 966/2012(3), and in particular Article 70 thereof, — having regard to Regulation (EU) No 1094/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Insurance and Occupational Pensions Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/79/EC(4), and in particular Article 64 thereof, — having regard to Commission Delegated Regulation (EU) 2019/715 of 18 December 2018 on the framework financial regulation for the bodies set up under the TFEU and Euratom Treaty and referred to in Article 70 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council(5), and in particular Article 105 thereof, — having regard to Rule 100 of and Annex V to its Rules of Procedure, — having regard to the report of the Committee on Budgetary Control (A9-0097/2024), 1. Approves the closure of the accounts of the European Insurance and Occupational Pensions Authority for the financial year 2022; 2. Instructs its President to forward this decision to the Executive Director of the European Insurance and Occupational Pensions Authority, the Council, the Commission and the Court of Auditors, and to arrange for its publication in the Official Journal of the European Union (L series). The President The Secretary-General Roberta METSOLA Alessandro CHIOCCHETTI (1) OJ C, C/2023/594, 27.10.2023. (2) OJ C, C/2023/112, 12.10.2023. (3) OJ L 193, 30.7.2018, p. 1. (4) OJ L 331, 15.12.2010, p. 48. (5) OJ L 122, 10.5.2019, p. 1. ELI: http://data.europa.eu/eli/dec/2024/2299/oj 1/1

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