Decision of the EEA Joint Committee No 19/2019 of 8 February 2019 amending Annex IX (Financial services) to the EEA Agreement [2020/937]
Date: 2019-02-08
Institutions: EEA Joint Committee
Subjects: European Economic Area, aid to undertakings, company in difficulties, credit institution, economic stabilisation, financial regulation, financial solvency, investment company, revision of an agreement, technical standard




L_2020228EN.01003001.xml










16.7.2020   


EN


Official Journal of the European Union


L 228/30








            DECISION OF THE EEA JOINT COMMITTEE No 19/2019
of 8 February 2019
         
amending Annex IX (Financial services) to the EEA Agreement [2020/937]


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) 2016/911 of 9 June 2016 laying down implementing technical standards with regard to the form and the content of the description of group financial support agreements in accordance with Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms (1) is to be incorporated into the EEA Agreement.












(2)


Commission Delegated Regulation (EU) 2016/1712 of 7 June 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms with regard to regulatory technical standards specifying a minimum set of the information on financial contracts that should be contained in the detailed records and the circumstances in which the requirement should be imposed (2) is to be incorporated into the EEA Agreement.












(3)


Annex IX to the EEA Agreement should therefore be amended accordingly,





HAS ADOPTED THIS DECISION:



Article 1
The following points are inserted after point 19bf (Commission Delegated Regulation (EU) 2016/1450) of Annex IX to the EEA Agreement:






‘19bg.



32016 R 0911: Commission Implementing Regulation (EU) 2016/911 of 9 June 2016 laying down implementing technical standards with regard to the form and the content of the description of group financial support agreements in accordance with Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms (OJ L 153, 10.6.2016, p. 25).










19bh.



32016 R 1712: Commission Delegated Regulation (EU) 2016/1712 of 7 June 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms with regard to regulatory technical standards specifying a minimum set of the information on financial contracts that should be contained in the detailed records and the circumstances in which the requirement should be imposed (OJ L 258, 24.9.2016, p. 1).’






Article 2
The text of Implementing Regulation (EU) 2016/911 and Delegated Regulation (EU) 2016/1712 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 9 February 2019, provided that all the notifications under Article 103(1) of the EEA Agreement have been made (*1), or on the day of the entry into force of Decision of the EEA Joint Committee No 21/2018 of 9 February 2018 (3), whichever is the later.


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, 8 February 2019.


For the EEA Joint Committee


The President

Claude MAERTEN
            





(1)  
            OJ L 153, 10.6.2016, p. 25.

(2)  
            OJ L 258, 24.9.2016, p. 1.

(*1)  No constitutional requirements indicated.

(3)  
            OJ L 323, 12.12.2019, p. 4.