Established under EU Regulation 1094/2010.
EIOPA is an independent advisory body to the European Parliament, the Council of the European Union and the European Commission.
Key Facts
EIOPA exists to ensure efficiency and effectiveness in the regulation of financial institutions across the EU. It is responsible for monitoring and identifying trends and possible risks across borders and holds the power to draft standardized regulatory and technical standards and issue recommendations.
Wikipedia Entry
https://en.wikipedia.org/wiki/European_Insurance_and_Occupational_Pensions_Authority