Date: 2022-08-31Category: Not ApplicableState: Union GovernmentCountry: Europe
Commission Decision (EU) 2022/1437 of 30 August 2022 confirming the participation of Ireland in Regulation (EU) 2021/2260 of the European Parliament and of the Council amending Regulation (EU) 2015/848 on insolvency proceedings to replace its Annexes A and B
Issued by European Commission
· Directorate-General for Justice and Consumers
**Policy Summary:**
Commission Decision (EU) 2022/1437, dated August 30, 2022, confirms the participation of Ireland in Regulation (EU) 2021/2260 of the European Parliament and of the Council. This regulation amends Regulation (EU) 2015/848 on insolvency proceedings, specifically to replace its Annexes A and B. Ireland formally notified the Commission of its wish to participate via a letter dated May 31, 2022, in accordance with Article 4 of Protocol No. 21. The Commission has determined that no specific conditions or transitional measures are necessary for Ireland's participation. This decision allows Ireland to update the lists of national insolvency proceedings (Annex A) and national insolvency practitioners (Annex B) under Regulation (EU) 2015/848. The Decision entered into force on the day following its publication in the Official Journal of the European Union. The President of the Commission, Ursula von der Leyen, signed the decision.
Key Entities Referenced
European Union: A political and economic union of member states located primarily in Europe.
Ireland: A European country, and a member of the European Union, participating in Regulation EU 2021/2260.
European Commission: An executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the EU's day-to-day operations.
Regulation EU 2021/2260: A regulation of the European Parliament and of the Council amending Regulation EU 2015/848 on insolvency proceedings to replace its Annexes A and B.
Regulation EU 2015/848: A regulation of the European Parliament and of the Council on insolvency proceedings.
European Parliament: The parliamentary body of the European Union.
Council of the European Union: A component of the legislative branch of the European Union, comprising ministers from member states.
Brussels: The de facto capital city of the European Union, where the Commission Decision was made.
31.8.2022 EN Official Journal of the European Union L 225/3
COMMISSION DECISION (EU) 2022/1437
of 30 August 2022
confirming the participation of Ireland in Regulation (EU) 2021/2260 of the European Parliament
and of the Council amending Regulation (EU) 2015/848 on insolvency proceedings to replace its
Annexes A and B
THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Protocol (No 21), on the position of the United Kingdom and Ireland in respect of the area of freedom,
security and justice, annexed to the Treaty on European Union and to the Treaty on the Functioning of the European
Union, and in particular Article 4 thereof,
Whereas:
(1) By letter to the Commission of 31 May 2022, Ireland notified its wish, in accordance with Article 4 of Protocol
(No 21), to accept and be bound by Regulation (EU) 2021/2260 of the European Parliament and of the Council(1).
(2) There are no specific conditions attached to the participation of Ireland in Regulation (EU) 2021/2260 and there is
no need for transitional measures. The Commission notes that Ireland is bound by Regulation (EU) 2015/848 of the
European Parliament and of the Council(2), and the measure concerned by the current notification of Ireland merely
updates the Annexes A and B to that Regulation containing the list of national insolvency proceedings and the list of
national insolvency practitioners, respectively.
(3) The participation of Ireland in Regulation (EU) 2021/2260 should be confirmed.
(4) In order to allow Ireland to apply Regulation (EU) 2021/2260 as soon as possible, this Decision should enter into
force on the day following that of its publication,
HAS ADOPTED THIS DECISION:
Article 1
The participation of Ireland in Regulation (EU) 2021/2260 is confirmed.
(1) Regulation (EU) 2021/2260 of the European Parliament and of the Council of 15 December 2021 amending Regulation (EU)
2015/848 on insolvency proceedings to replace its Annexes A and B (OJ L 455, 20.12.2021, p. 4).
(2) Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (OJ L 141,
5.6.2015, p. 19).L 225/4 EN Official Journal of the European Union 31.8.2022
Article 2
This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.
Done at Brussels, 30 August 2022.
For the Commission
The President
Ursula VON DER LEYEN