Decision of the EEA Joint Committee No 35/2019 of 29 March 2019 amending Annex IX (Financial Services) to the EEA Agreement [2019/1221]
Date: 2019-03-29
Institutions: EEA Joint Committee
Subjects: European Economic Area, United Kingdom, United States, contract, financial derivative, financial legislation, financial supervision, financial transaction, revision of an agreement, withdrawal from the EU




L_2019192EN.01004401.xml










18.7.2019   


EN


Official Journal of the European Union


L 192/44








            DECISION OF THE EEA JOINT COMMITTEE No 35/2019
of 29 March 2019
         
amending Annex IX (Financial Services) to the EEA Agreement [2019/1221]


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 Decision (EU) 2017/1857 of 13 October 2017 on the recognition of the legal, supervisory and enforcement arrangements of the United States of America for derivatives transactions supervised by the Commodity Futures Trading Commission as equivalent to certain requirements of Article 11 of Regulation (EU) No 648/2012 of the European Parliament and Council on OTC derivatives, central counterparties and trade repositories (1) is to be incorporated into the EEA Agreement.












(2)


Commission Implementing Decision (EU) 2018/2031 of 19 December 2018 determining, for a limited period of time, that the regulatory framework applicable to central counterparties in the United Kingdom of Great Britain and Northern Ireland is equivalent, in accordance with Regulation (EU) No 648/2012 of the European Parliament and of the Council (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 31bcau (Commission Implementing Decision (EU) 2016/2278) of Annex IX to the EEA Agreement:






‘31bcav.



32017 D 1857: Commission Implementing Decision (EU) 2017/1857 of 13 October 2017 on the recognition of the legal, supervisory and enforcement arrangements of the United States of America for derivatives transactions supervised by the Commodity Futures Trading Commission as equivalent to certain requirements of Article 11 of Regulation (EU) No 648/2012 of the European Parliament and Council on OTC derivatives, central counterparties and trade repositories (OJ L 265, 14.10.2017, p. 23).










31bcaw.



32018 D 2031: Commission Implementing Decision (EU) 2018/2031 of 19 December 2018 determining, for a limited period of time, that the regulatory framework applicable to central counterparties in the United Kingdom of Great Britain and Northern Ireland is equivalent, in accordance with Regulation (EU) No 648/2012 of the European Parliament and of the Council (OJ L 325, 20.12.2018, p. 50).’






Article 2
The texts of Implementing Decisions (EU) 2017/1857 and (EU) 2018/2031 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 29 March 2019, provided that all the notifications under Article 103(1) of the EEA Agreement have been made (*1).


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, 29 March 2019.


For the EEA Joint Committee


The President

Claude MAERTEN
            





(1)  
            OJ L 265, 14.10.2017, p. 23.

(2)  
            OJ L 325, 20.12.2018, p. 50.

(*1)  No constitutional requirements indicated.