**Summary:**
EEA Joint Committee Decision No. 79/2020, adopted on June 12, 2020, amends Annex IX (Financial Services) to the EEA Agreement. The decision incorporates Commission Implementing Regulation (EU) 2020/193 into the EEA Agreement. Regulation (EU) 2020/193, published in the Official Journal of the European Union (OJ L 40, 13.2.2020, p. 18), lays down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from December 31, 2019, until March 30, 2020, in accordance with Directive 2009/138/EC on Insurance and Reinsurance. The amendment adds point "1zk. 32020 R 0193" after point "1zj Commission Implementing Regulation (EU) 2019/1902" to Annex IX of the EEA Agreement. The authentic texts of Implementing Regulation (EU) 2020/193 in Icelandic and Norwegian will be published in the EEA Supplement to the Official Journal of the European Union. This Decision entered into force on June 13, 2020, following the completion of notifications under Article 103(1) of the EEA Agreement. The decision will be 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 adoption was Clara Ganslandt.
Key Entities Referenced
EEA Agreement: Agreement on the European Economic Area
EEA Joint Committee: The joint committee responsible for amending Annex IX to the EEA Agreement
Annex IX Financial Services to the EEA Agreement: The specific annex to the EEA Agreement being amended, related to financial services.
Commission Implementing Regulation EU 2020/193: Commission Implementing Regulation laying down technical information for the calculation of technical provisions and basic own funds for reporting
Directive 2009/138/EC: Directive of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance
European Parliament: One of the legislative branch of the European Union
Council of the European Union: One of the legislative branch of the European Union
Brussels: The city where the decision was made.
L 78/22 EN Official Journal of the European Union 16.3.2023
DECISION OF THE EEA JOINT COMMITTEE No 79/2020
of 12 June 2020
amending Annex IX (Financial Services) to the EEA Agreement [2023/528]
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) 2020/193 of 12 February 2020laying down technical information for
the calculation of technical provisions and basic own funds for reporting with reference dates from 31 December
2019 until 30 March 2020 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 1zj (Commission Implementing Regulation (EU) 2019/1902) of Annex IX to the
EEA Agreement:
‘1zk. 32020 R 0193: Commission Implementing Regulation (EU) 2020/193 of 12 February 2020laying down technical
information for the calculation of technical provisions and basic own funds for reporting with reference dates from
31 December 2019 until 30 March 2020 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 40, 13.2.2020,
p. 18).’
Article 2
The text of Implementing Regulation (EU) 2020/193 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 13 June 2020, 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.
(1) OJ L 40, 13.2.2020, p. 18.
(*) No constitutional requirements indicated.16.3.2023 EN Official Journal of the European Union L 78/23
Done at Brussels, 12 June 2020.
For the EEA Joint Committee
The President
Clara GANSLANDT