This document is a Decision of the EEA Joint Committee, numbered 87/2020, adopted on June 12, 2020. It amends Annex XXII (Company Law) to the Agreement on the European Economic Area (EEA). The amendment incorporates Commission Regulation (EU) 2020/34 of January 15, 2020, which itself amends Regulation (EC) No 1126/2008 concerning the adoption of certain international accounting standards, specifically International Accounting Standard 39, International Financial Reporting Standards 7 and 9, into the EEA Agreement. The Decision stipulates that the text of Regulation (EU) 2020/34 in Icelandic and Norwegian will be authentic and published in the EEA Supplement to the Official Journal of the European Union. The Decision entered into force on June 13, 2020, contingent upon completion of notifications required by Article 103(1) of the EEA Agreement, and was published in the EEA Section of, and the EEA Supplement to, the Official Journal of the European Union. The President of the EEA Joint Committee at the time of the decision was Clara Ganslandt.
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 2020/34: A regulation amending Regulation EC No 1126/2008 regarding 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 Standard 39: An international accounting standard that is being amended.
International Financial Reporting Standards 7: An international financial reporting standard that is being amended.
International Financial Reporting Standards 9: An international financial reporting standard that is being amended.
L 78/36 EN Official Journal of the European Union 16.3.2023
DECISION OF THE EEA JOINT COMMITTEE No 87/2020
of 12 June 2020
amending Annex XXII (Company Law) to the EEA Agreement [2023/536]
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) 2020/34 of 15 January 2020 amending 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 Standard 39, International Financial Reporting
Standards 7 and 9(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:
‘— 32020 R 0034: Commission Regulation (EU) 2020/34 of 15 January 2020(OJ L 12, 16.1.2020, p. 5).’
Article 2
The text of Regulation (EU) 2020/34 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 12, 16.1.2020, p. 5.
(*) No constitutional requirements indicated.