The EEA Joint Committee incorporates significant number of acts in financial services

Published 23-03-2018
Claude Maerten (Centered), European External Action Service, chaired the meeting.
The Standing Committee and the EEA Joint Committee met in Brussels on 22 and 23 March respectively. At the Joint Committee meeting, 42 joint committee decisions (JCDs) were adopted incorporating 95 EU legal acts into the EEA Agreement. A substantial number of the acts were within the field of financial services.

The legislation outstanding in the field of financial services represented more than one third of the backlog. The incorporation of a significant number of acts is particularly important in order to ensure a level playing field throughout the EEA. The EEA Joint Committee meeting was chaired by Mr Claude Maerten of the European External Action Service. The EEA EFTA Chair, Ambassador Bergdís Ellertsdóttir said:

"We remain committed to our efforts to lower the overall number of non-incorporated acts into the EEA agreement and we are particularly pleased that we are able to incorporate such a significant number of acts in the field of financial services. This shows that we are on the right track to reducing the number of acts outstanding in this field."

The Joint Committee also took note of the report of the Subcommittees I-IV, where good progress is made in the field of the General Data Protection Regulation (GDPR). An agreed draft JCD has been submitted and the EEA EFTA States hope for a swift process within the EU so that it can be incorporated in the near future.

The EEA Joint Committee is responsible for the day-to-day management of the EEA Agreement. It provides a forum for the EEA EFTA States and the EU to exchange views and take decisions by consensus to incorporate EU legislation into the EEA Agreement.


Provisional texts of Joint Committee Decisions.

List of adopted Joint Committee Decisions.

Find high resolution photos from the meetings here.



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