Home Europe EEA Joint Committee Decision of the EEA Joint Committee No 159/2023 of 13 June 2...
Date: 2023-11-30 Category: Not Applicable State: Union Government Country: Europe

Decision of the EEA Joint Committee No 159/2023 of 13 June 2023 amending Annex IX (Financial services) to the EEA Agreement [2023/2556]

Issued by EEA Joint Committee · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** EEA Joint Committee Decision No. 159/2023, dated June 13, 2023, amends Annex IX (Financial Services) to the Agreement on the European Economic Area (EEA). The amendment incorporates Commission Implementing Regulation (EU) 2022/2454 of December 14, 2022, into the EEA Agreement. This regulation lays down implementing technical standards for supervisory reporting of risk concentrations and intragroup transactions, pursuant to Directive 2002/87/EC of the European Parliament and of the Council. The authentic Icelandic and Norwegian language texts of Implementing Regulation (EU) 2022/2454 will be published in the EEA Supplement to the Official Journal of the European Union. The decision entered into force on June 14, 2023, contingent upon completion of notifications required under Article 103(1) of the EEA Agreement. The Decision will be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of the European Union. The legal identifier (ELI) for this decision is http://data.europa.eu/eli/dec/2023/2556/oj.

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 Financial services to the EEA Agreement: Section of the EEA Agreement being amended by the decision. Commission Implementing Regulation EU 2022/2454: A regulation laying down implementing technical standards for supervisory reporting of risk concentrations and intragroup transactions. Directive 2002/87/EC: Directive of the European Parliament and of the Council with regard to supervisory reporting of risk concentrations and intragroup transactions. Commission Delegated Regulation EU 2015/2303: Commission Delegated Regulation of Annex IX to the EEA Agreement Brussels: Location where the decision was made. Nicolas VON LINGEN: The President of the EEA Joint Committee.
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Official Journal EN of the European Union L series 2023/2556 30.11.2023 DECISION OF THE EEA JOINT COMMITTEE No 159/2023 of 13 June 2023 amending Annex IX (Financial services) to the EEA Agreement [2023/2556] 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) 2022/2454 of 14 December 2022laying down implementing technical standards for the application of Directive 2002/87/EC of the European Parliament and of the Council with regard to supervisory reporting of risk concentrations and intra-group transactions(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 31eab (Commission Delegated Regulation (EU) 2015/2303) of Annex IX to the EEA Agreement: ‘31eac. 32022 R 2454: Commission Implementing Regulation (EU) 2022/2454 of 14 December 2022 laying down implementing technical standards for the application of Directive 2002/87/EC of the European Parliament and of the Council with regard to supervisory reporting of risk concentrations and intra-group transactions (OJ L 324, 19.12.2022, p. 55).’ Article 2 The text of Implementing Regulation (EU) 2022/2454 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 14 June 2023, 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. (1) OJ L 324, 19.12.2022, p. 55. * No constitutional requirements indicated. ELI: http://data.europa.eu/eli/dec/2023/2556/oj 1/2EN OJ L, 30.11.2023 Done at Brussels, 13 June 2023. For the EEA Joint Committee The President Nicolas VON LINGEN 2/2 ELI: http://data.europa.eu/eli/dec/2023/2556/oj

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