**Policy Summary:**
EEA Joint Committee Decision No. 151/2016, dated 8 July 2016, amends Annex IX (Financial Services) to the Agreement on the European Economic Area (EEA). The decision incorporates Commission Implementing Decision (EU) 2015/1612 of 23 September 2015 into the EEA Agreement. This implementing decision amends Decision 2008/961/EC regarding the use of third countries' national accounting standards and International Financial Reporting Standards (IFRS) by third-country issuers of securities when preparing consolidated financial statements. Article 1 adds the reference "32015 D 1612: Commission Implementing Decision (EU) 2015/1612 of 23 September 2015 (OJ L 249, 25.9.2015, p. 26)" to point 23c of Commission Decision 2008/961/EC of Annex IX to the EEA Agreement. The Icelandic and Norwegian language texts of Implementing Decision (EU) 2015/1612 will be published in the EEA Supplement to the Official Journal of the European Union and are considered authentic. The Decision entered into force on 9 July 2016, following notification under Article 103(1) of the EEA Agreement. The decision was 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 amending the EEA Agreement.
EEA Agreement: Agreement on the European Economic Area.
Annex IX: Annex IX Financial services to the EEA Agreement
Commission Implementing Decision EU 2015/1612: Commission Implementing Decision amending Decision 2008/961/EC on the use by third countries issuers of securities of certain third countrys national accounting standards and International Financial Reporting Standards to prepare their consolidated financial statements
Decision 2008/961/EC: Decision on the use by third countries issuers of securities of certain third countrys national accounting standards and International Financial Reporting Standards to prepare their consolidated financial statements
International Financial Reporting Standards: Accounting standards used by third-country issuers of securities.
Brussels: The location where the decision was made.
Icelandic: One of the languages in which the text of Implementing Decision EU 2015/1612 is to be published.
Norwegian: One of the languages in which the text of Implementing Decision EU 2015/1612 is to be published.
L 73/26 EN Official Journal of the European Union 15.3.2018
DECISION OF THE EEA JOINT COMMITTEE
No 151/2016
of 8 July 2016
amending Annex IX (Financial services) to the EEA Agreement [2018/373]
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 Decision (EU) 2015/1612 of 23 September 2015 amending Decision 2008/961/EC on
the use by third countries’ issuers of securities of certain third country’s national accounting standards and
International Financial Reporting Standards to prepare their consolidated financial statements (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 23c (Commission Decision 2008/961/EC) of Annex IX to the EEA Agreement:
‘— 32015 D 1612: Commission Implementing Decision (EU) 2015/1612 of 23 September 2015 (OJ L 249,
25.9.2015, p. 26).’
Article 2
The text of Implementing Decision (EU) 2015/1612 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 9 July 2016, 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, 8 July 2016.
For the EEA Joint Committee
The President
Bergdís ELLERTSDÓTTIR
(1) OJ L 249, 25.9.2015, p. 26.
(*) No constitutional requirements indicated.