Home Europe EEA Joint Committee Decision of the EEA Joint Committee No 327/2022 of 9 Decembe...
Date: 2023-06-29 Category: Not Applicable State: Union Government Country: Europe

Decision of the EEA Joint Committee No 327/2022 of 9 December 2022 amending Annex IX (Financial services) to the EEA Agreement [2023/1269]

Issued by EEA Joint Committee · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** EEA Joint Committee Decision No. 327/2022, adopted on December 9, 2022, amends Annex IX (Financial Services) to the Agreement on the European Economic Area (EEA). The decision incorporates Commission Implementing Regulation (EU) 2022/951 of May 24, 2022, into the EEA Agreement. This regulation amends Implementing Regulation (EU) 2016/2070 concerning implementing technical standards for benchmark portfolios, reporting templates, and reporting instructions related to Article 78(2) of Directive 2013/36/EU. The amendment is reflected by adding "32022 R 0951: Commission Implementing Regulation (EU) 2022/951 of 24 May 2022 (OJ L 174, 30.6.2022, p. 1)" to point 14m of Commission Implementing Regulation (EU) 2016/2070 of Annex IX. The authentic Icelandic and Norwegian language texts of Implementing Regulation (EU) 2022/951 will be published in the EEA Supplement to the Official Journal of the European Union. The decision entered into force on December 10, 2022, following completion of notifications 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.

Key Entities Referenced

EEA Joint Committee: The decision-making body responsible for adopting decisions related to the European Economic Area (EEA) Agreement. EEA Agreement: The Agreement on the European Economic Area, which extends the EU's single market to Iceland, Liechtenstein and Norway. Commission Implementing Regulation EU 2022/951: A regulation amending implementing technical standards for benchmark portfolios and reporting requirements. It amends Implementing Regulation EU 2016/2070. Implementing Regulation EU 2016/2070: An EU regulation concerning implementing technical standards. Directive 2013/36/EU: Directive of the European Parliament and of the Council, related to financial matters and reporting. European Parliament: One of the legislative branch of the European Union Council of the European Union: A legislative body of the European Union Brussels: The location where the EEA Joint Committee decision was made. Brussels is the capital of Belgium.
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29.6.2023 EN Official Journal of the European Union L 164/65 DECISION OF THE EEA JOINT COMMITTEE No 327/2022 of 9 December 2022 amending Annex IX (Financial services) to the EEA Agreement [2023/1269] 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) 2022/951 of 24 May 2022 amending the implementing technical standards laid down in Implementing Regulation (EU) 2016/2070 as regards benchmark portfolios, reporting templates and reporting instructions to be applied in the Union for the reporting referred to in Article 78(2) of Directive 2013/36/EU of the European Parliament and of the Council(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 indent is added in point 14m (Commission Implementing Regulation (EU) 2016/2070) of Annex IX to the EEA Agreement: ‘- 32022 R 0951: Commission Implementing Regulation (EU) 2022/951 of 24 May 2022(OJ L 174, 30.6.2022, p. 1).’ Article 2 The text of Implementing Regulation (EU) 2022/951 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 10 December 2022, 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, 9 December 2022. For the EEA Joint Committee The President Kristján Andri STEFÁNSSON (1) OJ L 174, 30.6.2022, p. 1. * No constitutional requirements indicated.

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