Home Europe EEA Joint Committee Decision of the EEA Joint Committee No 216/2022 of 8 July 20...
Date: 2023-03-23 Category: Not Applicable State: Union Government Country: Europe

Decision of the EEA Joint Committee No 216/2022 of 8 July 2022 amending Annex IX (Financial services) to the EEA Agreement [2023/633]

Issued by EEA Joint Committee · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary: EEA Joint Committee Decision No. 216/2022 Regarding Financial Services** This decision, enacted by the EEA Joint Committee on July 8, 2022, amends Annex IX (Financial Services) to the Agreement on the European Economic Area (EEA). The amendment incorporates two Commission Regulations into the EEA Agreement: Commission Delegated Regulation (EU) 2022/192 and Commission Implementing Regulation (EU) 2022/193. Commission Delegated Regulation (EU) 2022/192, dated October 20, 2021, modifies the regulatory technical standards outlined in Commission Delegated Regulation (EU) No 1151/2014. These standards concern the information required when exercising the right of establishment and the freedom to provide services. (OJ L 31, 14.2.2022, p. 1). Commission Implementing Regulation (EU) 2022/193, dated November 17, 2021, amends the implementing technical standards detailed in Implementing Regulation (EU) No 926/2014. These standards pertain to standard forms, templates, and procedures related to the information to be notified when exercising the right of establishment and the freedom to provide services (OJ L 31, 14.2.2022, p. 4). Article 1 of the Decision formally amends Annex IX to the EEA Agreement by adding references to the amending regulations within points 14c and 14d, which concern Commission Implementing Regulation EU No 926/2014 and Commission Delegated Regulation EU No 1151/2014, respectively. The authentic texts of Delegated Regulation (EU) 2022/192 and Implementing Regulation (EU) 2022/193 in Icelandic and Norwegian languages will be published in the EEA Supplement to the Official Journal of the European Union. The decision entered into force on July 9, 2022, contingent upon the completion of all notifications required 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. The President of the EEA Joint Committee at the time of the decision was Kristjn Andri STEFNSSON. The decision was made in Brussels.

Key Entities Referenced

EEA Joint Committee: A committee responsible for decisions related to 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. Annex IX Financial services to the EEA Agreement: The specific annex of the EEA Agreement pertaining to financial services regulations. Commission Delegated Regulation EU 2022/192: A delegated regulation by the European Commission amending regulatory technical standards related to the right of establishment and freedom to provide services. Commission Delegated Regulation EU No 1151/2014: A delegated regulation by the European Commission regarding information to be notified when exercising the right of establishment and the freedom to provide services. Commission Implementing Regulation EU 2022/193: An implementing regulation by the European Commission amending implementing technical standards related to the right of establishment and freedom to provide services. Commission Implementing Regulation EU No 926/2014: An implementing regulation by the European Commission laying down standard forms, templates and procedures as regards the information to be notified when exercising the right of establishment and the freedom to provide services. Brussels: The city where the decision was made by the EEA Joint Committee.
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23.3.2023 EN Official Journal of the European Union L 85/29 DECISION OF THE EEA JOINT COMMITTEE No 216/2022 of 8 July 2022 amending Annex IX (Financial services) to the EEA Agreement [2023/633] 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) 2022/192 of 20 October 2021amending the regulatory technical standards laid down in Commission Delegated Regulation (EU) No 1151/2014 as regards the information to be notified when exercising the right of establishment and the freedom to provide services(1) is to be incorporated into the EEA Agreement. (2) Commission Implementing Regulation (EU) 2022/193 of 17 November 2021amending the implementing technical standards laid down in Implementing Regulation (EU) No 926/2014 laying down standard forms, templates and procedures as regards the information to be notified when exercising the right of establishment and the freedom to provide services(2)is to be incorporated into the EEA Agreement. (3) Annex IX to the EEA Agreement should therefore be amended accordingly, HAS ADOPTED THIS DECISION: Article 1 Annex IX to the EEA Agreement shall be amended as follows: 1. The following is added in point 14c (Commission Implementing Regulation (EU) No 926/2014): ‘, as amended by: — 32022 R 0193: Commission Implementing Regulation (EU) 2022/193 of 17 November 2021(OJ L 31, 14.2.2022, p. 4).’ 2. The following is added in point 14d (Commission Delegated Regulation (EU) No 1151/2014): ‘, as amended by: — 32022 R 0192: Commission Delegated Regulation (EU) 2022/192 of 20 October 2021(OJ L 31, 14.2.2022, p. 1).’ Article 2 The texts of Delegated Regulation (EU) 2022/192 and Implementing Regulation (EU) 2022/193 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 2022, provided that all the notifications under Article 103(1) of the EEA Agreement have been made*. (1) OJ L 31, 14.2.2022, p. 1. (2) OJ L 31, 14.2.2022, p. 4. (*) No constitutional requirements indicated.L 85/30 EN Official Journal of the European Union 23.3.2023 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 2022. For the EEA Joint Committee The President Kristján Andri STEFÁNSSON

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