This document is a Decision of the EEA Joint Committee, specifically Decision No. 11/2022, enacted on February 4, 2022. It amends Annex IX (Financial Services) to the Agreement on the European Economic Area (EEA). The core purpose of the amendment is to incorporate Commission Implementing Regulation (EU) 2021/1964 into the EEA Agreement. This regulation lays down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from September 30, 2021, until December 30, 2021, in accordance with Directive 2009/138/EC, which concerns the business of Insurance and Reinsurance. The Decision stipulates that the text of Implementing Regulation (EU) 2021/1964 in Icelandic and Norwegian languages will be published in the EEA Supplement to the Official Journal of the European Union and shall be authentic. The decision came into force on February 5, 2022, contingent upon completion of notifications under Article 103(1) of the EEA Agreement. The President of the EEA Joint Committee at the time of the decision was Nicolas VON LINGEN. The Decision will be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of the European Union.
Key Entities Referenced
EEA Joint Committee: The decision-making body responsible for the EEA Agreement.
EEA Agreement: Agreement on the European Economic Area
Annex IX Financial services to the EEA Agreement: Section of the EEA Agreement being amended by the decision.
Commission Implementing Regulation EU 2021/1964: Regulation laying down technical information for the calculation of technical provisions and basic own funds for reporting.
Directive 2009/138/EC: Directive of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance.
European Parliament: Legislative branch of the European Union
Council of the European Union: A component of the EU legislative branch.
Brussels: Location where the decision was made.
L 175/22 EN Official Journal of the European Union 30.6.2022
DECISION OF THE EEA JOINT COMMITTEE No 11/2022
of 4 February 2022
amending Annex IX (Financial services) to the EEA Agreement [2022/1059]
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 Implementing Regulation (EU) 2021/1964 of 11 November 2021laying down technical information
for the calculation of technical provisions and basic own funds for reporting with reference dates from
30 September 2021 until 30 December 2021 in accordance with Directive 2009/138/EC of the European
Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance(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 point is inserted after point 1zq (Commission Implementing Regulation (EU) 2021/1354) of Annex IX to the
EEA Agreement:
‘1zr. 32021 R 1964: Commission Implementing Regulation (EU) 2021/1964 of 11 November 2021 laying down
technical information for the calculation of technical provisions and basic own funds for reporting with reference
dates from 30 September 2021 until 30 December 2021 in accordance with Directive 2009/138/EC of the
European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance
(OJ L 400, 12.11.2021, p. 52).’.
Article 2
The text of Implementing Regulation (EU) 2021/1964 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 5 February 2022, provided that all the notifications under Article 103(1) of the EEA
Agreement have been made(*).
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, 4 February 2022.
For the EEA Joint Committee
The President
Nicolas VON LINGEN
(1) OJ L 400, 12.11.2021, p. 52.
(*) No constitutional requirements indicated.