On Jun. 12, 2025, EFTA said EEA committee decision enters in force Aug. 1, 2025.
On Jun. 12, EEA JC adopted decision on SR technical standards.
EEA JC adopted Dec 146/2024 incorporation technical standards on securitization.
Follows EC Mar. 2020 issued del reg 2020/447 on counterparty credit risk mitigation and del reg 2020/448 on treatment of OTC derivatives re securitizations, see #50847.
Follows NOR GVT Dec. 2020 details on implementing EU regulations, see #93024.
Follows NOR GVT Jun. 2021 EEA memo on securities registers fees, see #107921.
Follows EC Aug. 2021 rules on ESA's data exchange re securitization, see #114562.
Follows EC Oct. 2022 implementing Reg 2022/1929 in Official Journal, see #106668.
Follows NOR GVT Dec. 2023 position paper on risk retention standards, see #194196.
Follows NOR GVT May 2024 issued EEA note on underlying exposures, see #213161.
EEA Decision Adopted
Adopted decision incorporating following technical standards into EEA Agreement.
Reg 2019/885supplementing Reg 2017/2402 with regard to regulatory technical standards specifying information to be provided to a competent authority in an application for authorisation of a third party assessing STS compliance.
Reg 2019/1851supplementing Reg 2017/2402 with regard to regulatory technical standards on the homogeneity of the underlying exposures in securitisation.
Reg 2020/447supplementing Reg 648/2012 with regard to regulatory technical standards on the specification of criteria for establishing the arrangements to adequately mitigate counterparty credit risk associated with covered bonds and securitisations, and amending Reg 2015/2205 and Reg 2016/1178.
Reg 2020/448amending Reg 2016/2251 as regards the specification of the treatment of OTC derivatives in connection with certain simple, transparent and standardised securitisations for hedging purposes.
Reg 2020/1224supplementing Reg 2017/2402 with regard to regulatory technical standards specifying the information and the details of a securitisation to be made available by the originator, sponsor and SSPE.
Reg 2020/1226supplementing Reg 2017/2402 and laying down regulatory technical standards specifying the information to be provided in accordance with the STS notification requirements.
Reg 2020/1229supplementing Reg 2017/2402 with regard to regulatory technical standards on securitisation repository operational standards for data collection, aggregation, comparison, access and verification of completeness and consistency.
Reg 2020/1230supplementing Reg 2017/2402 with regard to regulatory technical standards specifying the details of the application for registration of a securitisation repository and the details of the simplified application for an extension of registration of a trade repository.
Reg 2020/1732supplementing Reg 2017/2402 with regard to fees charged by the European Securities and Markets Authority to securitisation repositories.
Reg 2020/1225laying down implementing technical standards with regard to the format and standardised templates for making available the information and details of a securitisation by the originator, sponsor and SSPE.
Reg 2020/1227laying down implementing technical standards with regard to templates for the provision of information in accordance with the STS notification requirements.
Reg 2020/1228laying down implementing technical standards with regard to the format of applications for registration as a securitisation repository or for extension of a registration of a trade repository pursuant to Reg 2017/2402.
Reg 2021/1415supplementing Reg 2017/2402 with regard to regulatory technical standards on the cooperation, exchange of information and notification obligations between competent authorities and ESMA, the EBA and EIOPA.
Reg 2022/1929amending the implementing technical standards laid down in Implementing Reg 2020/1227 as regards the templates for the provision of information in accordance with the STS notification requirements for on-balance-sheet synthetic securitisations.
Reg 2023/2175supplementing Reg 2017/2402 with regard to regulatory technical standards specifying in greater detail the risk retention requirements for originators, sponsors, original lenders, and servicers.
Effectiveness
Decision shall enter into force on Jun. 13, 2024; or on the day of the entry into force of decision of EEA JC 145/2024 of Jun. 12, 2024, whichever is the later, see #215673.
Oct. 2024 Official Journal
On Oct. 3, 2024, EEA JC issued Dec 146/2024 of Jun. 12, 2024, in the Official Journal.
Decision in force on Jun. 13, 2024, provided that all notifications under Article 103(1) of the EEA Agreement have been made, or on the day of entry into force of Decision of the EEA Joint Committee No 145/2024 of Jun. 12, 2024, whichever is the later.
Jun. 2025 Constitutional Requirements Met
On Jun. 12, 2025, EFTA said EEA committee decision enters in force Aug. 1, 2025.
