An introduction to supervisory convergence, presented by Ana Teresa Moutinho, Head of Supervisory Processes.
Building a common supervisory culture is a strategic goal of the European Insurance and Occupational Pensions Authority (EIOPA).
What is a common view of key characteristics?
A common supervisory culture is one where there is a common understanding of the way supervisors think, behave and work within their community. The culture manifests itself in processes, procedures and behaviours. Everybody involved should agree on supervisory objectives and a common view of the key characteristics of high-quality and effective supervision
What are the benefits of a common supervisory culture?
- Insurance providers act honestly, fairly and professionally in the best interests of policyholders and beneficiaries.
- Laws and regulations are interpreted in the same way across Europe.
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Key characteristics of high-quality and effective supervision
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Which tools are needed?
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Booklet: "A Common Supervisory Culture"
Neck Party Tie Tie Gray New Huayang slver Necktie Silver Casual Narrow Plaid Stripe Men Cotton Plaid Slim Skinny Infographic:“A Common Supervisory Culture"