**Executive Summary**
The document is the Decision of the EEA Joint Committee No 239/2025 of 24 October 2025, amending Annex IX (Financial services) to the EEA Agreement. It incorporates Commission Implementing Regulation (EU) 2025/863 regarding technical information for calculating technical provisions and basic own funds. The decision enters into force on 25 October 2025, pending notifications.
**Key Points / Main Content**
* **Amendment to Annex IX:** Point 1zzh is inserted after point 1zzg of Annex IX to the EEA Agreement.
* **Content of Point 1zzh:** This point includes Commission Implementing Regulation (EU) 2025/863 of 8 May 2025, which provides technical information for calculating technical provisions and basic own funds for reporting with reference dates from 31 March 2025 until 29 June 2025.
* **Authentic Texts:** The text of Implementing Regulation (EU) 2025/863 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 25 October 2025, contingent upon all notifications under Article 103(1) of the EEA Agreement having 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 Countries (Iceland, Norway)**
* **Impact:** These countries are obligated to incorporate the EU regulation into their legal frameworks.
* **Action Required:** Ensure Implementing Regulation (EU) 2025/863 is accurately translated and implemented. Notifications under Article 103(1) must be made to ensure entry into force.
**Financial Institutions Within the EEA**
* **Impact:** The financial institutions operating in the EEA will be subjected to the new reporting and calculation requirements of technical provisions and basic own funds as set out by Commission Implementing Regulation (EU) 2025/863.
* **Action Required:** Adjust their reporting and calculation methods for technical provisions and basic own funds to align with Implementing Regulation (EU) 2025/863 for reference dates from 31 March 2025 until 29 June 2025.
Key Entities Referenced
EEA Agreement: Agreement on the European Economic Area
Annex IX (Financial services) to the EEA Agreement: Subject matter of the Decision, covering financial services
Commission Implementing Regulation (EU) 2025/863: Lays down technical information for the calculation of technical provisions and basic own funds.
EEA Joint Committee: Committee adopting the decision
Brussels: Location where the decision was made.
Official Journal EN
of the European Union L series
2026/216 12.2.2026
DECISION OF THE EEA JOINT COMMITTEENo 239/2025
of 24 October 2025
amending Annex IX (Financial services) to the EEA Agreement [2026/216]
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) 2025/863 of 8 May 2025 laying down technical information for the
calculation of technical provisions and basic own funds for reporting with reference dates from 31 March 2025 until
29 June 2025 in accordance with Directive 2009/138/EC of the European Parliament and of the Council on the
taking-up and pursuit of the business of Insurance and Reinsurance(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 1zzg (Commission Implementing Regulation (EU) 2025/216) of Annex IX to the
EEA Agreement:
‘1zzh. 32025 R 0863: Commission Implementing Regulation (EU) 2025/863 of 8 May 2025 laying down technical
information for the calculation of technical provisions and basic own funds for reporting with reference dates
from 31 March 2025 until 29 June 2025 in accordance with Directive 2009/138/EC of the European Parliament
and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (OJ L, 2025/863,
12.5.2025).’
Article 2
The text of Implementing Regulation (EU) 2025/863 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 25 October 2025, provided that all the notifications under Article 103(1) of the EEA
Agreement have been made(*).
(1) OJ L, 2025/863, 12.5.2025, ELI: http://data.europa.eu/eli/reg_impl/2025/863/oj.
(*) No constitutional requirements indicated.
ELI: http://data.europa.eu/eli/dec/2026/216/oj 1/2EN
OJ L, 12.2.2026
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, 24 October 2025.
For the EEA Joint Committee
The President
Stefán Haukur JÓHANNESSON
2/2 ELI: http://data.europa.eu/eli/dec/2026/216/oj