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Selection of the members of the Insurance and Reinsurance Stakeholder Group (IRSG)
Case opened
Case 1877/2011/LP - Opened on Thursday | 27 October 2011 - Decision on Thursday | 27 February 2014 - Institution concerned European Insurance and Occupational Pensions Authority ( Critical remark )
Allegation(s)
1) The European Insurance and Occupational Pensions Authority (EIOPA) failed to ensure (i) geographical balance and (ii) gender balance within and among the stakeholder categories of the IRSG as required by Article 37(4) of Regulation (EU) No 1094/2010.
2) The EIOPA failed to ensure an adequate balance between the representatives of the industry on the one hand and those of users and consumers on the other hand when selecting members of the IRSG.
3) The EIOPA adopted an incorrect definition of the different stakeholder categories provided for in Regulation (EU) No 1094/2010.
Claim(s)
1) The EIOPA should reconsider the composition of the IRSG as soon as possible and in any event without waiting for the renewal of its membership, which will take place in 2013.
2) The EIOPA should publish the CVs of the selected members of the stakeholder groups together with the selection criteria on its website.