**Policy Summary:**
EEA Joint Committee Decision No. 85/2020, issued on June 12, 2020, amends Annex XXII (Company Law) to the Agreement on the European Economic Area (EEA). The decision incorporates Commission Regulation (EU) 2019/2075 of November 29, 2019, into the EEA Agreement. This regulation amends Regulation (EC) No 1126/2008, which adopts certain international accounting standards. The amendments relate to International Accounting Standards (IAS) 1, 8, 34, 37, and 38; International Financial Reporting Standards (IFRS) 2, 3, and 6; Interpretations 12, 19, 20, and 22 of the International Financial Reporting Interpretations Committee (IFRIC); and Interpretation 32 of the Standing Interpretations Committee (SIC). The authentic Icelandic and Norwegian language texts of Regulation (EU) 2019/2075 will be published in the EEA Supplement to the Official Journal of the European Union. The decision entered into force on June 13, 2020, following notification 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.
Key Entities Referenced
EEA Joint Committee: The decision-making body responsible for amending the EEA Agreement.
EEA Agreement: The Agreement on the European Economic Area.
Commission Regulation (EU) 2019/2075: A regulation amending Regulation (EC) No 1126/2008 adopting certain international accounting standards.
Regulation (EC) No 1126/2008: A regulation adopting certain international accounting standards.
Regulation (EC) No 1606/2002: Regulation of the European Parliament and of the Council regarding international accounting standards.
International Accounting Standards 1, 8, 34, 37 and 38: Specific International Accounting Standards mentioned in the regulation.
International Financial Reporting Standards 2, 3 and 6: Specific International Financial Reporting Standards mentioned in the regulation.
Brussels: The location where the decision was made.
L 78/34 EN Official Journal of the European Union 16.3.2023
DECISION OF THE EEA JOINT COMMITTEE No 85/2020
of 12 June 2020
amending Annex XXII (Company Law) to the EEA Agreement [2023/534]
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 Regulation (EU) 2019/2075 of 29 November 2019amending Regulation (EC) No 1126/2008 adopting
certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European
Parliament and of the Council as regards International Accounting Standards 1, 8, 34, 37 and 38, International
Financial Reporting Standards 2, 3 and 6, Interpretations 12, 19, 20 and 22 of the International Financial
Reporting Interpretations Committee and Interpretation 32 of the Standing Interpretations Committee(1) is to be
incorporated into the EEA Agreement.
(2) Annex XXII to the EEA Agreement should therefore be amended accordingly,
HAS ADOPTED THIS DECISION:
Article 1
The following indent is added in point 10ba (Commission Regulation (EC) No 1126/2008) of Annex XXII to the EEA
Agreement:
‘— 32019 R 2075: Commission Regulation (EU) 2019/2075 of 29 November 2019(OJ L 316, 6.12.2019, p. 10).’
Article 2
The text of Regulation (EU) 2019/2075 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.
Done at Brussels, 12 June 2020.
For the EEA Joint Committee
The President
Clara GANSLANDT
(1) OJ L 316, 6.12.2019, p. 10.
(*) No constitutional requirements indicated.