DECISION OF THE EEA JOINT COMMITTEE No 248/2022

of 23 September 2022

amending Annex IX (Financial services) to the EEA Agreement [2023/777]

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 Delegated Regulation (EU) 2021/1118 of 26 March 2021 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the methodology to be used by resolution authorities to estimate the requirement referred to in Article 104a of Directive 2013/36/EU of the European Parliament and of the Council and the combined buffer requirement for resolution entities at the resolution group consolidated level where the resolution group is not subject to those requirements under that Directive  ( 1 ) is to be incorporated into the EEA Agreement.

(2) Commission Delegated Regulation (EU) 2021/1340 of 22 April 2021 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards determining the content of the contractual terms on recognition of resolution stay powers  ( 2 ) is to be incorporated into the EEA Agreement.

(3) Commission Implementing Regulation (EU) 2021/622 of 15 April 2021 laying down implementing technical standards for the application of Directive 2014/59/EU of the European Parliament and of the Council with regard to uniform reporting templates, instructions and methodology for reporting on the minimum requirement for own funds and eligible liabilities  ( 3 ) is to be incorporated into the EEA Agreement.

(4) Implementing Regulation (EU) 2021/622 repeals Commission Implementing Regulation (EU) 2018/308  ( 4 ) , which is incorporated into the EEA Agreement and which is consequently to be repealed under the EEA Agreement.

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

HAS ADOPTED THIS DECISION:

Article 1

Annex IX to the EEA Agreement shall be amended as follows:

(1) the text of point 19bl (Commission Implementing Regulation (EU) 2018/308) is replaced by the following:

‘ 32021 R 0622 : Commission Implementing Regulation (EU) 2021/622 of 15 April 2021 laying down implementing technical standards for the application of Directive 2014/59/EU of the European Parliament and of the Council with regard to uniform reporting templates, instructions and methodology for reporting on the minimum requirement for own funds and eligible liabilities ( OJ L 131, 16.4.2021, p. 123 ).’;

(2) the following points are inserted after point 19bp (Commission Delegated Regulation (EU) 2019/348):

‘19bq.

32021 R 1118 : Commission Delegated Regulation (EU) 2021/1118 of 26 March 2021 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the methodology to be used by resolution authorities to estimate the requirement referred to in Article 104a of Directive 2013/36/EU of the European Parliament and of the Council and the combined buffer requirement for resolution entities at the resolution group consolidated level where the resolution group is not subject to those requirements under that Directive ( OJ L 241, 8.7.2021, p. 1 ).

19br.

32021 R 1340 : Commission Delegated Regulation (EU) 2021/1340 of 22 April 2021 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards determining the content of the contractual terms on recognition of resolution stay powers ( OJ L 292, 16.8.2021, p. 1 ).’.

Article 2

The texts of Delegated Regulations (EU) 2021/1118 and (EU) 2021/1340 and Implementing Regulation (EU) 2021/622 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 24 September 2022, provided that all the notifications under Article 103(1) of the EEA Agreement have been made  ( * ) , or on the day of the entry into force of Decision of the EEA Joint Committee No 145/2022 of 29 April 2022  ( 5 ) , 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, 23 September 2022.

For the EEA Joint Committee

The President

Kristján Andri STEFÁNSSON

( 1 )    OJ L 241, 8.7.2021, p. 1 .

( 2 )    OJ L 292, 16.8.2021, p. 1 .

( 3 )    OJ L 131, 16.4.2021, p. 123 .

( 4 )    OJ L 60, 2.3.2018, p. 7 .

( * )   No constitutional requirements indicated.

( 5 )    OJ L 246, 22.9.2022, p. 105 .