In order to safeguard financial stability, EIOPA identifies, monitors and assesses trends, potential risks and vulnerabilities stemming from the micro-prudential level, across borders and across sectors in the area of its competence. Furthermore, the Authority conducts economic analyses of the markets and the impact of potential market developments. EIOPA regularly and if necessary on an ad-hoc basis informs about its findings the EU institutions, other European Supervisory Authorities and the European Systemic Risk Board.
One of EIOPA's key responsibilities is to ensure coordinated crisis prevention and management, as well as to preserve financial stability in crisis situations. EIOPA views this responsibility as an integral part of ongoing supervisory activities and an important means of ensuring policyholder protection.