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Bernardino confirmed for further five-year term at EIOPA

first_img“We will proceed with building a modern, dynamic and credible supervisory authority, working for the public good with a truly European spirit,” he said.Bernardino began his European career at CEIOPS, being elected its chairman in 2009.Prior to taking on the role of chairman at CEIOPS, and later being named as EIOPA’s inaugural chairman, he was director general for development and institutional relations at the Instituto de Seguros de Portugal (ISP), which he joined in 1989.He has already offered a glimpse of his second term’s focus, proposing the development of a framework for cross-border occupational defined contribution.The chairman has also repeatedly called for an overhaul of EIOPA’s funding model and, according to officials at the European Commission, is likely to reveal details of a new funding model early next year. The European Parliament has endorsed Gabriel Bernardino for a second term as chairman of the European Insurance and Occupational Pensions Authority (EIOPA).In a statement released following a vote by the parliament’s economic and monetary affairs committee (ECON), Bernardino said he was thankful for the trust of both the parliamentarians and EIOPA’s board of supervisors, which in October extended his term until 2021.“In the past five years,” Bernardino added, “EIOPA has grown into an entity with a strong voice and has been a driving force in regulatory convergence.”He said EIOPA’s next journey would be to deliver a “strategic shift from regulation to supervision” and to focus on consumer protection and the financial stability of the EU.last_img read more

Prime Minister Skerrit affirms commitment to social protection programmes

first_img Sharing is caring! Share 19 Views   one comment Share Sharecenter_img LocalNews Prime Minister Skerrit affirms commitment to social protection programmes by: – July 11, 2012 Tweet Prime Minister Hon. Roosevelt Skerrit has given a commitment that the ‘Yes We Care’ programme will remain central in moving forward with Government’s social protection programmes.The ‘Yes We Care’ programme, a bold initiative of the Roosevelt Skerrit Administration, provides personal care and attention to the elderly particularly those who are alone, or whose families are unable to provide for them because of poverty, sickness or unemployment.The Prime Minister told the contract signing ceremony of the Bense Water Supply Project earlier this week that the 2012/2013 Budget will reflect Government’s continued desire to provide assistance to people who are poor and disadvantaged.“There were several hundreds of our people, elderly who were suffering, no one to cook for them and wash their clothes, no one to bathe them. The Government is spending hundreds of thousands of dollars every year to provide a service and to tell our senior citizens, “Yes somebody cares” and we made a commitment in the 2012/2013 Budget that the ‘Yes We Care’ programme will be central to moving forward.”The ‘Yes We Care’ Programme is in keeping with the Government’s strategy for social protection and poverty reduction as set out in its Growth and Social Protection Strategy (GSPS) approved by Cabinet in 2006 and updated in 2008 under the theme, ‘Leveraging Sustained Growth’.The Prime Minister said further that his “Government in recent times has spent hundreds of thousands of dollars in responding to disaster victims by helping them replace their beds, clothes and furniture so that they can live comfortable lives.”Government Information Servicelast_img read more