**Executive Summary**
This document presents Decision No. 179/2025 of the EEA Joint Committee, dated July 11, 2025, which amends Annex IX (Financial services) to the EEA Agreement. The amendment incorporates three Commission Delegated Regulations related to asset-referenced tokens and e-money tokens. The decision enters into force on July 12, 2025, provided that all notifications under Article 103(1) of the EEA Agreement have been made.
**Key Points / Main Content**
* **Amendment to Annex IX:** Annex IX to the EEA Agreement is amended to incorporate new regulations.
* **Commission Delegated Regulation (EU) 2025/415:** This regulation supplements Regulation (EU) 2023/1114 and specifies regulatory technical standards for:
* Adjustment of own funds requirement
* Minimum features of stress testing programmes
* Issuers of asset-referenced tokens or of e-money tokens
* **Commission Delegated Regulation (EU) 2025/418:** This regulation supplements Regulation (EU) 2023/1114 and specifies regulatory technical standards for:
* Minimum content of governance arrangements
* Remuneration policy of issuers of significant asset-referenced or e-money tokens
* **Commission Delegated Regulation (EU) 2025/419:** This regulation supplements Regulation (EU) 2023/1114 and specifies regulatory technical standards for:
* Procedure and timeframe for an issuer of asset-referenced tokens or of e-money tokens to adjust the amount of its own funds
* **Authentic Texts:** The Icelandic and Norwegian language versions of the Delegated Regulations shall be authentic and published in the EEA Supplement to the Official Journal of the European Union.
* **Entry into Force:** The decision enters into force on 12 July 2025, provided that all notifications under Article 103(1) of the EEA Agreement have been made.
* **Publication:** This Decision will be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of the European Union.
**Impact Analysis**
**Issuers of asset-referenced tokens and e-money tokens**
* **Impact:** Issuers are subject to new regulatory technical standards regarding own funds requirements, stress testing programs, governance arrangements, and remuneration policies.
* **Action Required:** Comply with the new standards outlined in Delegated Regulations (EU) 2025/415, (EU) 2025/418 and (EU) 2025/419.
**EEA Member States:**
* **Impact:** EEA member states must incorporate the provisions of the Commission Delegated Regulations into their national legal frameworks.
* **Action Required:** Ensure national laws and regulations are aligned with the incorporated EU regulations to enforce these new standards within their jurisdiction.
Key Entities Referenced
EEA Agreement: Agreement on the European Economic Area, which this decision amends through Annex IX.
Regulation (EU) 2023/1114: A regulation of the European Parliament and the Council, supplemented by the delegated regulations mentioned in the document, concerning asset-referenced tokens or e-money tokens.
Annex IX (Financial services) to the EEA Agreement: The specific annex to the EEA Agreement that is being amended by the decision.
Commission Delegated Regulations (EU) 2025/415, 2025/418, and 2025/419: Delegated regulations supplementing Regulation (EU) 2023/1114, specifying technical standards related to asset-referenced tokens or e-money tokens; incorporated into Annex IX of the EEA Agreement.
Official Journal EN
of the European Union L series
2025/2113 6.11.2025
DECISION OF THE EEA JOINT COMMITTEENo 179/2025
of 11 July 2025
amending Annex IX (Financial services) to the EEA Agreement [2025/2113]
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) 2025/415 of 13 December 2024 supplementing Regulation (EU) 2023/1114
of the European Parliament and of the Council with regard to regulatory technical standards specifying adjustment of
own funds requirement and minimum features of stress testing programmes of issuers of asset-referenced tokens or
of e-money tokens(1)is to be incorporated into the EEA Agreement.
(2) Commission Delegated Regulation (EU) 2025/418 of 16 December 2024 supplementing Regulation (EU) 2023/1114
of the European Parliament and of the Council with regard to regulatory technical standards specifying the minimum
content of the governance arrangements on the remuneration policy of issuers of significant asset-referenced or
e-money tokens(2)is to be incorporated into the EEA Agreement.
(3) Commission Delegated Regulation (EU) 2025/419 of 16 December 2024 supplementing Regulation (EU) 2023/1114
of the European Parliament and of the Council with regard to regulatory technical standards specifying the procedure
and timeframe for an issuer of asset-referenced tokens or of e-money tokens to adjust the amount of its own funds(3)
is to be incorporated into the EEA Agreement.
(4) Annex IX to the EEA Agreement should therefore be amended accordingly,
HAS ADOPTED THIS DECISION:
Article 1
The following points are inserted after point 31rt (Commission Delegated Regulation (EU) 2025/414) of Annex IX to the
EEA Agreement:
‘31ru. 32025 R 0415: Commission Delegated Regulation (EU) 2025/415 of 13 December 2024 supplementing
Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical
standards specifying adjustment of own funds requirement and minimum features of stress testing programmes
of issuers of asset-referenced tokens or of e-money tokens (OJ L, 2025/415, 24.3.2025).
31rv. 32025 R 0418: Commission Delegated Regulation (EU) 2025/418 of 16 December 2024 supplementing
Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical
standards specifying the minimum content of the governance arrangements on the remuneration policy of issuers
of significant asset-referenced or e-money tokens (OJ L, 2025/418, 24.3.2025).
31rw. 32025 R 0419: Commission Delegated Regulation (EU) 2025/419 of 16 December 2024 supplementing
Regulation (EU) 2023/1114 of the European Parliament and of the Council with regard to regulatory technical
standards specifying the procedure and timeframe for an issuer of asset-referenced tokens or of e-money tokens
to adjust the amount of its own funds (OJ L, 2025/419, 24.3.2025).’
(1) OJ L, 2025/415, 24.3.2025, ELI: http://data.europa.eu/eli/reg_del/2025/415/oj.
(2) OJ L, 2025/418, 24.3.2025, ELI: http://data.europa.eu/eli/reg_del/2025/418/oj.
(3) OJ L, 2025/419, 24.3.2025, ELI: http://data.europa.eu/eli/reg_del/2025/419/oj.
ELI: http://data.europa.eu/eli/dec/2025/2113/oj 1/2EN
OJ L, 6.11.2025
Article 2
The texts of Delegated Regulations (EU) 2025/415, (EU) 2025/418 and (EU) 2025/419 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 12 July 2025, 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, 11 July 2025.
For the EEA Joint Committee
The President
Kristján Andri STEFÁNSSON
(*) No constitutional requirements indicated.
2/2 ELI: http://data.europa.eu/eli/dec/2025/2113/oj