Decision of the EEA Joint Committee No 184/2025 of 27 August 2025 amending Annex IX (Financial services) to the EEA Agreement [2026/30]

**Executive Summary** The Decision of the EEA Joint Committee No 184/2025, dated August 27, 2025, amends Annex IX (Financial Services) to the EEA Agreement. It incorporates Commission Delegated Regulation (EU) 2025/1184 into the EEA Agreement, related to the list of high-risk third countries. The decision enters into force on August 27, 2025, conditional on required notifications. **Key Points / Main Content** * **Amendment to Annex IX:** * Adds the following indent to point 23bb (Commission Delegated Regulation (EU) 2016/1675) of Annex IX to the EEA Agreement: * "32025 R 1184: Commission Delegated Regulation (EU) 2025/1184 of 10 June 2025 (OJ L, 2025/1184, 16.7.2025)." * **Incorporation of Regulation 2025/1184:** * Commission Delegated Regulation (EU) 2025/1184, which amends Delegated Regulation (EU) 2016/1675, is incorporated into the EEA Agreement. This regulation pertains to the list of high-risk third countries, adding some countries and removing others based on their commitment to addressing deficiencies identified by the FATF. * **Authentic Text:** * The text of Delegated Regulation (EU) 2025/1184 in Icelandic and Norwegian languages will be published in the EEA Supplement to the Official Journal of the European Union and shall be authentic. * **Entry into Force:** * The Decision enters into force on August 27, 2025, provided all notifications under Article 103(1) of the EEA Agreement have been made. * **Publication:** * The Decision will be published in the EEA Section of, and in the EEA Supplement to, the Official Journal of the European Union. **Impact Analysis** **EEA Member States** *Impact:* EEA member states will have to abide by the amended Annex IX and incorporate the changes related to high-risk third countries into their national legislation and practices. *Action Required:* Ensure national legislation complies with the updated Annex IX and that relevant institutions are aware of the changes to the list of high-risk third countries. **Financial Institutions within the EEA** *Impact:* These institutions must update their due diligence and risk management procedures to reflect the changes to the list of high-risk third countries. *Action Required:* Review and update compliance programs to reflect the changes to the list of high-risk third countries and conduct necessary training for relevant staff. **Entities and Individuals engaging in Financial Transactions with the listed countries** *Impact:* Transactions with entities in the countries added to the high-risk list will require enhanced due diligence. *Action Required:* Conduct enhanced due diligence on transactions with the new high-risk countries and report suspicious activities as required by regulations.

Key Entities Referenced