EIOPA contributes to the establishment of high-quality common regulatory and supervisory standards and practices.
Development of a single rule book for insurance and pensions in the EU. EIOPA is empowered to draft regulatory and implementing technical standards, develop guidelines, recommendations and provide opinions to the EU institutions on the relevant European legislative acts.
Promoting convergence of supervisory procedures and approaches throughout the EU. For this purposes EIOPA uses a number of tools: work of colleges of supervisors, peer reviews, supervisory handbook, organisation of trainings and seminars.