**Policy Summary:**
EEA Joint Committee Decision No. 104/2019, adopted on April 11, 2019, amends Annex IX (Financial Services) to the Agreement on the European Economic Area (EEA). The decision incorporates Commission Delegated Regulation (EU) 2019/564 of March 28, 2019, into the EEA Agreement. This regulation amends Delegated Regulation (EU) 2016/2251, which supplements Regulation (EU) No 648/2012 regarding the application of risk-management procedures for certain OTC derivative contracts not cleared by a CCP. The amendment concerns the date until which counterparties may continue to apply their risk-management procedures. The authentic Icelandic and Norwegian language texts of Delegated Regulation (EU) 2019/564 will be published in the EEA Supplement to the Official Journal of the European Union. The decision entered into force on April 11, 2019, contingent upon completion of notifications under Article 103(1) of the EEA Agreement or on the entry into force of Decision of the EEA Joint Committee No 83/2019 of 29 March 2019, whichever is later. The decision will be published in the EEA Section of, and the EEA Supplement to, the Official Journal of the European Union.
Key Entities Referenced
EEA Joint Committee: The decision-making body responsible for amending the EEA Agreement.
EEA Agreement: The Agreement on the European Economic Area.
Annex IX: Annex IX Financial services to the EEA Agreement
Commission Delegated Regulation (EU) 2019/564: Commission Delegated Regulation amending Delegated Regulation (EU) 2016/2251 supplementing Regulation (EU) No 648/2012.
Regulation (EU) No 648/2012: Regulation of the European Parliament and of the Council as regards the date until which counterparties may continue to apply their risk-management procedures for certain OTC derivative contracts not cleared by a CCP.
Commission Delegated Regulation (EU) 2016/2251: Commission Delegated Regulation supplementing Regulation (EU) No 648/2012.
Brussels: The city where the decision was made.
Claude MAERTEN: The President of the EEA Joint Committee.
18.7.2019 EN Official Journal of the European Union L 192/59
DECISION OF THE EEA JOINT COMMITTEE No 104/2019
of 11 April 2019
amending Annex IX (Financial services) to the EEA Agreement [2019/1234]
THE EEA JOINT COMMITTEE,
Having regard to the Agreement on the European Economic Area (‘the EEA Agreement’), and in particular Article 98
thereof,
Whereas:
(1) Commission Delegated Regulation (EU) 2019/564 of 28 March 2019 amending Delegated Regulation (EU)
2016/2251 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council as
regards the date until which counterparties may continue to apply their risk-management procedures for certain
OTC derivative contracts not cleared by a CCP (1) is to be incorporated into the EEA Agreement.
(2) Annex IX to the EEA Agreement should therefore be amended accordingly,
HAS ADOPTED THIS DECISION:
Article 1
The following indent is added in point 31bcs (Commission Delegated Regulation (EU) 2016/2251) of Annex IX to the
EEA Agreement:
‘— 32019 R 0564: Commission Delegated Regulation (EU) 2019/564 of 28 March 2019 (OJ L 99, 10.4.2019,
p. 3).’
Article 2
The text of Delegated Regulation (EU) 2019/564 in the Icelandic and Norwegian languages, to be published in the EEA
Supplement to the Official Journal of the European Union, shall be authentic.
Article 3
This Decision shall enter into force on 11 April 2019, provided that all the notifications under Article 103(1) of the
EEA Agreement have been made (*), or on the day of the entry into force of Decision of the EEA Joint Committee
No 83/2019 of 29 March 2019, whichever is the later.
Article 4
This Decision shall be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of the European
Union.
Done at Brussels, 11 April 2019.
For the EEA Joint Committee
The President
Claude MAERTEN
(1) OJ L 99, 10.4.2019, p. 3.
(*) No constitutional requirements indicated.