On 17 November 2015, the European Parliament's Economic and Monetary Affairs Committee held a hearing of the Chairs of the Joint Committee of European Supervisory Authorities (ESAs).  Notably, EIOPA outlined its three main strategic priorities for the insurance sector as (a) enhancing supervisory convergence (including the move to a risk-based regime under Solvency II), (b) reinforcing preventative consumer protection (including under the IDD) and (c) preserving financial stability (building on harmonised reporting under Solvency II).