Decision of the EEA Joint Committee No 305/2019 of 13 December 2019 amending Annex IX (Financial services) to the EEA Agreement [2020/323]

THE EEA JOINT COMMITTEE,

Having regard to the Agreement on the European Economic Area (‘the EEA Agreement’), and in particular Article 98 thereof,

Whereas:

Directive (EU) 2017/2399 of the European Parliament and of the Council of 12 December 2017 amending Directive 2014/59/EU as regards the ranking of unsecured debt instruments in insolvency hierarchy⁽¹⁾ is to be incorporated into the EEA Agreement.
Annex IX to the EEA Agreement should therefore be amended accordingly,

HAS ADOPTED THIS DECISION:

Article 1

The following is added in point 19b (Directive 2014/59/EU of the European Parliament and of the Council) of Annex IX to the EEA Agreement:

‘as amended by:

32017 L 2399: Directive (EU) 2017/2399 of the European Parliament and of the Council of 12 December 2017 (OJ L 345, 27.12.2017, p. 96).’

Article 2

The text of Directive (EU) 2017/2399 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 14 December 2019, 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 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.