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Decision of the EEA Joint Committee No 243/2024 of 25 October 2024 amending Annex IX (Financial services) to the EEA Agreement [2025/247]

Date: 20th February 2025
Jurisdiction: European Union
European Union

Read or download the official PDF of this gazette notification issued by the EEA Joint Committee on 20th February 2025.

Official Gazette Notification Text

Official Transcript

Official Journal EN of the European Union L series 2025/247 20.2.2025 DECISION OF THE EEA JOINT COMMITTEE No 243/2024 of 25 October 2024 amending Annex IX (Financial services) to the EEA Agreement [2025/247] 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...

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  • ✓ The EEA Joint Committee Decision No 243/2024 amends Annex IX (Financial services) to the EEA Agreement to incorporate Commission Delegated Regulation (EU) 2024/1780.
  • ✓ Commission Delegated Regulation (EU) 2024/1780 supplements Regulation (EU) No 575/2013 regarding regulatory technical standards for calculating KIRB (K-factor Internal Ratings Based approach) in relation to underlying exposures of securitisation transactions.
  • ✓ Annex IX to the EEA Agreement is amended by inserting point 14azzs, referencing Commission Delegated Regulation (EU) 2024/1780.
  • ✓ Commission Delegated Regulation (EU) 2024/1780, dated 13 March 2024, concerns the conditions under which institutions can calculate KIRB for securitisation transactions.
  • ✓ The Decision enters into force on 26 October 2024, contingent upon all notifications under Article 103(1) of the EEA Agreement being made.

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