Home Europe EEA Joint Committee Decision of the EEA Joint Committee No 150/2022 of 29 April ...
Date: 2022-09-22 Category: Not Applicable State: Union Government Country: Europe

Decision of the EEA Joint Committee No 150/2022 of 29 April 2022 amending Annex IX (Financial services) to the EEA Agreement [2022/1594]

Issued by EEA Joint Committee · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** EEA Joint Committee Decision No. 150/2022, adopted on April 29, 2022, amends Annex IX (Financial Services) to the Agreement on the European Economic Area (EEA). This decision incorporates Commission Delegated Regulation (EU) 2021/1383 of June 15, 2021, which amends Delegated Regulation (EU) 2018/990 regarding requirements for assets received by money market funds as part of reverse repurchase agreements, into the EEA Agreement. Article 1 adds Regulation (EU) 2021/1383 to point 31mb of Commission Delegated Regulation (EU) 2018/990 of Annex IX to the EEA Agreement. The authentic text of Delegated Regulation (EU) 2021/1383 in Icelandic and Norwegian will be published in the EEA Supplement to the Official Journal of the European Union. The decision entered into force on April 30, 2022, contingent upon completion of notifications under Article 103(1) of the EEA Agreement or the entry into force of Decision of the EEA Joint Committee No. 22/2020 of February 7, 2020, 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 joint committee responsible for managing the Agreement on the European Economic Area (EEA). EEA Agreement: The Agreement on the European Economic Area, which extends the EU's single market to Iceland, Liechtenstein, and Norway. Commission Delegated Regulation EU 2021/1383: A delegated regulation of the European Commission amending Delegated Regulation EU 2018/990 regarding requirements for assets received by money market funds as part of reverse repurchase agreements. Commission Delegated Regulation EU 2018/990: A delegated regulation of the European Commission related to money market funds. Article 98: Article 98 of the EEA Agreement, which provides the legal basis for amending the agreement. Annex IX: Annex IX (Financial Services) to the EEA Agreement, which is being amended by the decision. Brussels: The city where the decision was done. Nicolas VON LINGEN: The President of the EEA Joint Committee at the time of the decision.
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22.9.2022 EN Official Journal of the European Union L 246/113 DECISION OF THE EEA JOINT COMMITTEE No 150/2022 of 29 April 2022 amending Annex IX (Financial services) to the EEA Agreement [2022/1594] 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) 2021/1383 of 15 June 2021 amending Delegated Regulation (EU) 2018/990 with regard to requirements for assets received by money market funds as part of reverse repurchase agreements(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 is added in point 31mb (Commission Delegated Regulation (EU) 2018/990) of Annex IX to the EEA Agreement: ‘, as amended by: — 32021 R 1383: Commission Delegated Regulation (EU) 2021/1383 of 15 June 2021(OJ L 298, 23.8.2021, p. 1).’ Article 2 The text of Delegated Regulation (EU) 2021/1383 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 30 April 2022, 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 22/2020 of 7 February 2020(2), 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, 29 April 2022. For the EEA Joint Committee The President Nicolas VON LINGEN (1) OJ L 298, 23.8.2021, p. 1. (*) No constitutional requirements indicated. (2) Not yet published in the OJ.

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