EUROPEAN COMMISSION Brussels, XXX COM(2012) 360 ... - BVVM

TOTAL operational appropriations
Commitments
Payments
(4)
(5)
0,302
0,302
0,271
0,271
0,271
0,271
0,844
0,844
TOTAL appropriations of an administrative nature
financed from the envelope for specific programmes
(6)
TOTAL appropriations
under HEADING 1A
of the multiannual financial framework
Comments:
Commitments =4+ 6 0,302 0,271 0,271 0,844
Payments =5+ 6 0,302 0,271 0,271 0,844
After the initial 3 years period (2014-2016), during which EIOPA will have more one-off tasks, the situation will have to be reassessed in
order to set the appropriate level of human resources actually needed to fulfil the tasks covered by this Directive and examine possible
redeployment.
The operational appropriations above are related to the specific tasks allocated to EIOPA according to the proposal:
1) Tasks related to establishing, publishing and keeping up to date a single electronic database
EIOPA should establish, publish and keep up to date a single electronic database containing a record of each insurance and reinsurance
intermediary which has notified an intention to exercise its freedom of establishment or to provide services. Member States shall provide
relevant information to EIOPA to enable it to manage such a register. This register should also show a hyperlink to each Member State's
competent authority.
2) Tasks related to harmonisation and coordination of rules of the IMD 2 by drafting standards (5 delegated acts and permanent tasks)
EIOPA should work together to achieve as much consistency as possible in the conduct of business standards for retail investment
products that are subject to either MiFID II Directive or to IMD2 Directive.
EIOPA will have to draft five delegated acts regarding
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