Tuesday, 6 September 2011

A Committee of Wise Men

As previously tweeted, here's one from the "you couldn't make this up" department:
The European Insurance and Occupational Pensions Authority (EIOPA) was established in consequence of the reforms to the structure of supervision of the financial sector in the European Union. The reform was initiated by the European Commission, following the recommendations of a Committee of Wise Men, chaired by Mr. de Larosière, and supported by the European Council and Parliament.
Am I the only one who didn't realise we had a Pensions Authority at the European level?

Still, all must be well. A Committee of Wise Men can't be wrong.

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