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Recital 40

Recital 40

(40)It is necessary to promote supervisory convergence not only in respect of supervisory tools but also in respect of supervisory practices. The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) established by Commission Decision 2009/79/EC 19 should play an important role in this respect and report regularly to the European Parliament and the Commission on the progress made.

  1. 19 OJ L 25, 29.1.2009, p. 28. ↩
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