title: Commission Decision (EU) 2018/479 of 20 March 2018 on the long-term national aid scheme for agriculture in the northern regions of Sweden (notified under document C(2018) 1622)

text:
               22.3.2018

               EN

               Official Journal of the European Union

               L 79/55

         COMMISSION DECISION (EU) 2018/479
   of 20 March 2018
   on the long-term national aid scheme for agriculture in the northern regions of Sweden

         (notified under document C(2018) 1622)

   (Only the Swedish text is authentic)
   THE EUROPEAN COMMISSION,
   Having regard to the Treaty on the Functioning of the European Union,
   Having regard to the Act of Accession to the European Union of Austria, Finland and Sweden, and in particular Article 142 thereof,
   Whereas:

               (1)

               By Decision 96/228/EC (1) the Commission had approved the long-term national aid scheme for agriculture in the northern regions of Sweden (‘Nordic aid scheme’) as notified by Sweden pursuant to Article 143 of the Act of Accession with a view to authorisation under Article 142 of the Act of Accession. Decision 96/228/EC was replaced by Commission Decision C(2010) 6050 (2). That Decision was last amended by Commission Implementing Decision C(2015) 6592 (3).

               (2)

               By letter of 17 November 2017 Sweden proposed that the Commission amend Decision C(2010) 6050 in order to simplify the administration of the scheme and to take account of the changes in the common agricultural policy as well as of the economic developments in the agriculture in the northern regions of Sweden. On 6 December 2017, Sweden sent to the Commission additional information concerning the proposal.

               (3)

               Given the resulting amendments to Decision C(2010) 6050 and the number of previous amendments, it is appropriate to replace that Decision by a new Decision.

               (4)

               The long-term national aid referred to in Article 142 of the Act of Accession is intended to ensure that agricultural activity is maintained in northern regions as determined by the Commission.

               (5)

               Taking account of the factors referred to in Article 142(1) and (2) of the Act of Accession it is appropriate to specify the administrative units, grouped by sub-regions, which are situated north of the 62nd parallel or adjacent to that parallel and which are affected by comparable climatic conditions rendering agricultural activity particularly difficult. These sub-regions have a population density lower than or equal to 10 inhabitants per square kilometre, a utilised agricultural area (UAA) considered to constitute 10 % or less of the overall surface area of the municipality and a portion of the UAA devoted to arable crops intended for human consumption less than or equal to 20 %. Sub-regions surrounded by others within such areas should be included, even where they do not satisfy the same requirements.

               (6)

               In order to facilitate the administration of the scheme and to coordinate it with support under Regulation (EU) No 1305/2013 of the European Parliament and of the Council (4), it is appropriate to include in the areas receiving aid under this Decision the same municipal units as those belonging to the area delimited under the second subparagraph of Article 32(2) of Regulation (EU) No 1305/2013 in the Rural Development Programme.

               (7)

               The reference period in relation to which the development of agricultural production and the level of overall support is to be considered, using the available national statistics as a basis and with a view to ensuring a uniform application to all sectors of production, should be the year 1993.

               (8)

               According to Article 142 of the Act of Accession, the total amount of the aid granted should be sufficient to maintain agricultural activity in the northern regions of Sweden but may not lead to overall support exceeding the level of support during a pre-accession reference period to be determined. In order to grant support under Article 142 of the Act of Accession at an adequate level considering the present production costs whilst not exceeding the level of support during the determined pre-accession reference period it is appropriate to take the development in the consumer price index from 1993 to 2017 in Sweden into account when determining the maximum allowable level of aid under that Article.

               (9)

               Consequently, on the basis of 2017 data, and having regard to the 5-year reporting periods laid down in Article 143(2) of the Act of Accession, the maximum annual aid amount should be set at SEK 422,92 million, calculated as an average over a 5-year period from 1 January 2018 until 31 December 2022.

               (10)

               In order to simplify the Nordic aid scheme and to allow Sweden flexibility in directing the aid to different production sectors, one maximum average annual aid amount should be laid down for the total support, including a separate maximum support for the production and transport of cow's milk with a view to ensuring balanced distribution of support.

               (11)

               The aid should be granted annually on the basis of production factors (livestock units and hectares), except for cow's milk where it should be granted on the basis of units of production (kilograms) within the total limits laid down by this Decision.

               (12)

               With a view to allowing prompt reactions to the volatility of agricultural output prices and to maintaining agricultural activities in the northern regions of Sweden, it is appropriate to allow Sweden to establish, for each calendar year, the amount of aid per sector within an aid category and per unit of production.

               (13)

               Sweden should differentiate the aid in its northern regions and set the annual aid amounts according to the severity of the natural handicap and other objective and transparent and justified criteria relating to the objectives set out in the third subparagraph of Article 142(3) of the Act of Accession, which are to maintain traditional primary production and processing particularly suited to the climatic conditions of the regions concerned, to improve the structures for the production, marketing and processing of agricultural products, to facilitate the disposal of the said products and to ensure that the environment is protected and countryside preserved.

               (14)

               The aid should be paid annually based on the actual number of eligible production factors. Sweden should however be allowed to pay the aid for cow's milk, laying hens and pigs for slaughter as well as for transport of cow's milk in monthly instalments. The aid for cow's milk shall be based on actual production in order to ensure the continuity of production.

               (15)

               Overcompensation to the producers should be avoided by recovering undue payments promptly and at the latest before 1 June of the following year.

               (16)

               As provided for in Article 142(2) of the Act of Accession, the aid granted under this Decision should not lead to an increase in overall production over the traditional production level in the area covered by the Nordic aid scheme.

               (17)

               Therefore it is necessary to establish an annual maximum number of eligible production factors for each aid category, and a maximum eligible annual amount of production for cow's milk, at a level equal to or lower than that in the reference periods.

               (18)

               Where the number of production factors in a category, or the amount of production for cow's milk, exceeds the maximum level in a given year, the number of eligible production factors or the amount of cow's milk, should, in order to respect the 5-year averages, be reduced by a corresponding number of production factors in the calendar years following the year in which the maximum was exceeded, except for transport aid for cow's milk, laying hens and pigs for slaughter and cow's milk in regard to which the eligible amount may be reduced by an amount corresponding to the excess amount in the last month of the year in which the maximum was exceeded.

               (19)

               In accordance with Article 143(2) of the Act of Accession, Sweden is to provide to the Commission information on the implementation and effects of the aid. In order to better assess the long-term effects of the aid and with a view to setting the aid levels as 5-year averages, it is appropriate to report on the socioeconomic effects of the aid every 5 years and provide annual reports containing the financial and other implementation information necessary to ensure that the conditions laid down in this Decision are complied with.

               (20)

               It is appropriate to specify the rules applicable to amendments to the scheme introduced by the Commission or proposed by Sweden in order to safeguard the legitimate expectations of the aid beneficiaries and ensure the continuity of the scheme so that the objectives of Article 142 of the Act of Accession can be efficiently pursued.

               (21)

               Sweden should ensure that appropriate control measures are taken vis-à-vis aid beneficiaries. In order to ensure the effectiveness of those measures and transparency in the implementation of the Nordic aid scheme, those control measures should be as far as possible aligned to those carried out under the common agricultural policy.

               (22)

               In order to achieve the aim of maintaining production, as stated in Article 142 of the Act of Accession, and to facilitate the administration of support, this Decision should apply from 1 January 2018.

               (23)

               Decision C(2010) 6050 should therefore be repealed with effect from 1 January 2018. It is appropriate to provide transitional measures regarding the reporting on the support pursuant to Article 142 of the Act of Accession paid in 2017 under Decision C(2010) 6050,

         HAS ADOPTED THIS DECISION:
   Article 1
   Authorised aid
   1.   From 1 January 2018 to 31 December 2022 Sweden is authorised to implement the long-term aid scheme for agriculture in its northern regions listed in Annex I.
   2.   The total amount of aid granted shall not exceed SEK 422,92 million per calendar year. The yearly maximum amounts shall be considered as annual averages of the aid granted in the period of 5 calendar years covered by this Decision.
   3.   Aid categories and the production sectors for each category, the maximum average yearly amounts allowed, as specified in paragraph 2, including the separate maximum amount for cow's milk production and transport, as well as the maximum yearly number of eligible production factors per aid category, are set out in Annex II.
   4.   Aid shall be granted on the basis of eligible production factors or production amounts as follows:

               (a)

               per kilogram milk of actual production for the production of cow's milk;

               (b)

               per livestock unit for animal husbandry;

               (c)

               per hectare for crop and horticultural production including berries;

               (d)

               as a compensation for actual costs for the transport of cow's milk, deducting any other public support for the same costs.

         Aid linked to production amounts may be granted only towards the production of cow's milk and in no case shall the aid be linked to future production.
   The conversion rates into livestock units for the various types of livestock are set out in Annex II.
   5.   In accordance with paragraph 3 and within the limits set out in Annex II, Sweden shall differentiate the aid in its northern regions and set the aid amounts annually per production factor, cost or unit of production on the basis of objective criteria relating to the severity of the natural handicap and other factors contributing to attaining the objectives set out in the third subparagraph of Article 142(3) of the Act of Accession.
   Article 2
   Reference periods
   The reference period referred to in the second indent of the first subparagraph of Article 142(3) of the Act of Accession shall be 1993 as regards both the quantities and the level of support set out in Article 1 of this Decision.
   Article 3
   Conditions for granting aid
   1.   Sweden shall lay down, within the limits provided for in this Decision, the conditions for granting aid to the various categories of beneficiaries. Such conditions shall include the eligibility and selection criteria applied and ensure the equal treatment of beneficiaries.
   2.   The aid shall be paid to the beneficiaries based on actual production factors or, as regards the production of cow's milk, amount of actual production, referred to in Article 1(4).
   3.   The aid shall be paid annually, except for cow's milk, transport aid for cow's milk, laying hens and pigs for slaughter in regard to which the aid may be paid in monthly instalments.
   4.   An overrun of the maximum yearly number of production factors or amounts eligible for aid, as set out in Annex II, shall be taken into account as a corresponding reduction in the number of production factors in the year following the overrun where the aid is paid in annual instalments or in the last month of the year where the aid is paid monthly.
   5.   Sweden shall take appropriate measures to prevent the overrun referred to in paragraph 4 where such an overrun appears likely, based on official or officially verified statistical projections.
   6.   An overpayment or undue payment to a beneficiary shall be recovered by deducting the corresponding amounts from the aid paid to the beneficiary the following year or be otherwise recovered in that year, where no aid is due to the beneficiary. The undue amounts shall be recovered by 1 June of the following year.
   Article 4
   Information and control measures
   1.   Sweden shall, as part of the information provided pursuant to Article 143(2) of the Act of Accession, submit to the Commission each year before 1 June information on implementation of the aid granted under this Decision during the preceding calendar year.
   The information shall concern in particular:

               (a)

               identification of the municipal units in which the aid was paid by means of a detailed map and where necessary by other data;

               (b)

               the total production, covering the reporting year, for the sub-regions eligible for aid under this Decision, expressed in quantities for each of the products specified in Annex II;

               (c)

               the total number of production factors and quantities, the number of production factors and quantities eligible for aid and the number of production factors and quantities supported per production sector specified in Annex II with a breakdown by product within each sector, including the indication of any overrun of the allowed maximum yearly number of production factors and quantities, as well as the description of measures, if any, taken to prevent such an overrun;

               (d)

               the total aid paid, the total amount of aid per aid category and the type of production, amounts paid to beneficiaries per production factor/other unit, as well as the criteria for differentiating aid amounts by sub-regions and types of farm holdings or on the basis of other considerations;

               (e)

               the payment system applied with details concerning any advances based on estimates, final payments as well as observed overpayments and their recovery;

               (f)

               amounts of aid paid under Article 32 of Regulation (EU) No 1305/2013 in the administrative units covered by this Decision;

               (g)

               references to national legislation whereby the aid is implemented.

         2.   Before 1 June 2023 Sweden shall, in addition to the annual report covering year 2022, submit to the Commission a report covering the 5-year period from 1 January 2018 until 31 December 2022. This report shall also cover the support granted under Decision C(2010) 6050 during 2016 and 2017.
   That report shall indicate, in particular:

               (a)

               the total aid paid during the 5-year period, and its distribution among aid categories, types of production and sub-regions;

               (b)

               for each aid category, the total production amounts per year and for the 5-year period, the number of production factors and the income levels of farmers in the regions eligible for the aid;

               (c)

               the evolution of agricultural production, processing and marketing in the social and economic context of the northern regions;

               (d)

               the effects of the aid on the protection of the environment and the preservation of the countryside;

               (e)

               proposals for the medium-term development of the aid based on the data presented in the report.

         3.   Sweden shall provide data in a form compatible with the statistical standards used by the Union.
   4.   Sweden shall take all steps necessary to apply this Decision and suitable control measures vis-à-vis beneficiaries of aid.
   5.   Control measures shall to the extent possible be harmonised with the control systems applied under the Union support schemes.
   Article 5
   Application of any amendments
   1.   Based on the information on the support scheme referred to in Article 4 and having regard to the national and Union context of agricultural production as well as other relevant factors, Sweden shall in 2022 make appropriate proposals to the Commission for amending and prolonging, for a period of 5 years, the aid authorised under this Decision.
   2.   If the Commission decides to amend this Decision, in particular on the basis of any changes in the common market organisations or the direct support scheme or a change in the rate of any authorised national agricultural State aid, any amendment to the aid authorised by this Decision shall apply only from the year following that in which the amendment was adopted.
   Article 6
   Repeal
   Decision C(2010) 6050 is repealed with effect from 1 January 2018.
   However, Article 6(1) of that Decision shall continue to apply to the aid granted under that Decision in 2017.
   Article 7
   Application
   This Decision shall apply from 1 January 2018.
   Article 8
   Addressee
   This Decision is addressed to the Kingdom of Sweden.

      Done at Brussels, 20 March 2018.

            For the Commission

         Phil HOGAN

            Member of the Commission

      (1)  Commission Decision 96/228/EC of 28 February 1996 on a long-term national aid scheme to assist farmers in northern areas of Sweden (OJ L 76, 26.3.1996, p. 29).

      (2)  Commission Decision C(2010) 6050 of 8 September 2010 on a long-term national aid scheme to assist farmers in northern areas of Sweden.

      (3)  Commission Implementing Decision C(2015) 6592 of 1 October 2015 amending Decision C(2010) 6050 on the long-term national aid scheme for agriculture in the northern regions of Sweden.

      (4)  Regulation (EU) No 1305/2013 of the European Parliament and of the Council of 17 December 2013 on support for rural development by the European Agricultural Fund for Rural Development (EAFRD) and repealing Council Regulation (EC) No 1698/2005 (OJ L 347, 20.12.2013, p. 487).

      ANNEX I
      SUB-REGION 1

                  Province

                  Municipal unit

                  Parish

                  Dalarna

                  Älvdalen

                  Idre

                  Jämtland

                  Krokom

                  Hotagen

                  Strömsund

                  Frostviken

                  Åre

                  Åre

                  Kall

                  Undersåker

                  Berg

                  Storsjö

                  Härjedalen

                  Linsell

                  Hede

                  Ljusnedal

                  Tännäs

                  Västerbotten

                  Storuman

                  Tärna

                  Sorsele

                  Sorsele

                  Dorotea

                  Risbäck

                  Vilhelmina

                  Vilhelmina

                  Norrbotten

                  Arvidsjaur

                  Arvidsjaur

                  Arjeplog

                  Arjeplog

                  Jokkmokk

                  Jokkmokk

                  Porjus

                  Pajala

                  Muonionalusta

                  Junosuando

                  Gällivare

                  Gällivare

                  Nilivaara

                  Malmberget

                  Kiruna

                  Jukkasjärvi

                  Vittangi

                  Karesuando

                     Agricultural area sub-region 1

                     6 700  ha

            SUB-REGION 2

                  Province

                  Municipal unit

                  District

                  Dalarna

                  Malung

                  Lima

                  Transtrand

                  Älvdalen

                  Särna

                  Västernorrland

                  Örnsköldsvik

                  Trehörningsjö

                  Jämtland

                  Ragunda

                  Borgvattnet

                  Stugun

                  Bräcke

                  Bräcke

                  Nyhem

                  Håsjö

                  Sundsjö

                  Revsund

                  Bodsjö

                  Krokom

                  Näskott

                  Aspås

                  Ås

                  Laxsjö

                  Föllinge

                  Offerdal

                  Alsen

                  Strömsund

                  Ström

                  Alanäs

                  Gåxsjö

                  Hammerdal

                  Bodum

                  Tåsjö

                  Åre

                  Mattmar

                  Mörsil

                  Hallen

                  Berg

                  Berg

                  Hackås

                  Oviken

                  Myssjö

                  Åsarne

                  Klövsjö

                  Rätan

                  Härjedalen

                  Sveg

                  Vemdalen

                  Ängersjö

                  Lillhärdal

                  Östersund

                  Östersund

                  Frösö

                  Sunne

                  Näs

                  Lockne

                  Marieby

                  Brunflo

                  Kyrkås

                  Lit

                  Häggenås

                  Västerbotten

                  Vindeln

                  Vindeln

                  Åmsele

                  Norsjö

                  Norsjö

                  Malå

                  Malå

                  Storuman

                  Stensele

                  Sorsele

                  Gargnäs

                  Dorotea

                  Dorotea

                  Åsele

                  Åsele

                  Fredrika

                  Lycksele

                  Lycksele

                  Björksele

                  Örträsk

                  Skellefteå

                  Boliden

                  Fällfors

                  Jörn

                  Kalvträsk

                  Norrbotten

                  Jokkmokk

                  Vuollerim

                  Övertorneå

                  Svanstein

                  Pajala

                  Pajala

                  Korpilombolo

                  Tärendö

                  Gällivare

                  Hakkas

                     Agricultural area sub-region 2

                     46 600  ha

            SUB-REGION 3

                  Province

                  Municipal unit

                  District

                  Värmland

                  Torsby

                  Södra Finnskoga

                  Dalarna

                  Älvdalen

                  Älvdalen

                  Gävleborg

                  Nordanstig

                  Hassela

                  Ljusdal

                  Hamra

                  Los

                  Kårböle

                  Västernorrland

                  Ånge

                  Haverö

                  Timrå

                  Ljustorp

                  Härnösand

                  Stigsjö

                  Viksjö

                  Sundsvall

                  Indal

                  Holm

                  Liden

                  Kramfors

                  Nordingrå

                  Vibyggerå

                  Ullånger

                  Torsåker

                  Sollefteå

                  Graninge

                  Junsele

                  Edsele

                  Ramsele

                  Örnsköldsvik

                  Örnsköldsvik

                  Anundsjö

                  Skorped

                  Sidensjö

                  Nätra

                  Själevad

                  Mo

                  Gideå

                  Björna

                  Jämtland

                  Ragunda

                  Ragunda

                  Bräcke

                  Hällesjö

                  Krokom

                  Rödön

                  Strömsund

                  Fjällsjö

                  Åre

                  Marby

                  Härjedalen

                  Älvros

                  Överhogdal

                  Ytterhogdal

                  Östersund

                  Norderö

                  Västerbotten

                  Nordmaling

                  Nordmaling

                  Bjurholm

                  Bjurholm

                  Robertsfors

                  Bygdeå

                  Nysätra

                  Vännäs

                  Vännäs

                  Umeå

                  Umeå Landsförsamling

                  Tavelsjö

                  Sävar

                  Skellefteå

                  Skellefteå Landsförsamling

                  Kågedalen

                  Byske

                  Lövånger

                  Burträsk

                  Norrbotten

                  Överkalix

                  Överkalix

                  Kalix

                  Nederkalix

                  Töre

                  Övertorneå

                  Övertorneå

                  Hietaniemi

                  Älvsbyn

                  Älvsby

                  Luleå

                  Luleå Domkyrkoförsamling

                  Örnäset

                  Nederluleå

                  Råneå

                  Piteå

                  Piteå Stadsförsamling

                  Hortlax

                  Piteå Landsförsamling

                  Norrfjärden

                  Boden

                  Överluleå

                  Gunnarsbyn

                  Edefors

                  Sävast

                  Haparanda

                  Nedertorneå-Haparanda

                  Karl Gustav

                     Agricultural area sub-region 3

                     108 650  ha

            SUB-REGION 4

                  Province

                  Municipal unit

                  District

                  Värmland

                  Torsby

                  Lekvattnet

                  Nyskoga

                  Norra Finnskoga

                  Dalby

                  Norra Ny

                  Filipstad

                  Rämmen

                  Hagfors

                  Gustav Adolf

                  Dalarna

                  Vansbro

                  Järna

                  Nås

                  Äppelbo

                  Malung

                  Malung

                  Rättvik

                  Boda

                  Ore

                  Orsa

                  Orsa

                  Mora

                  Våmhus

                  Venjan

                  Falun

                  Bjursås

                  Ludvika

                  Säfsnäs

                  Gävleborg

                  Ovanåker

                  Ovanåker

                  Voxna

                  Nordanstig

                  Ilsbo

                  Harmånger

                  Jättendal

                  Gnarp

                  Bergsjö

                  Ljusdal

                  Ljusdal

                  Färila

                  Ramsjö

                  Järvsö

                  Bollnäs

                  Rengsjö

                  Undersvik

                  Arbrå

                  Hudiksvall

                  Bjuråker

                  Västernorrland

                  Ånge

                  Borgsjö

                  Torp

                  Timrå

                  Timrå

                  Hässjö

                  Tynderö

                  Härnösand

                  Härnösands Domkyrkoförsamling

                  Högsjö

                  Häggdånger

                  Säbrå

                  Hemsö

                  Sundsvall

                  Sundsvalls Gustav Adolf

                  Skönsmon

                  Skön

                  Alnö

                  Sättna

                  Selånger

                  Stöde

                  Tuna

                  Attmar

                  Njurunda

                  Kramfors

                  Gudmundrå

                  Nora

                  Skog

                  Bjärtrå

                  Styrnäs

                  Dal

                  Ytterlännäs

                  Sollefteå

                  Sollefteå

                  Multrå

                  Långsele

                  Ed

                  Resele

                  Helgum

                  Ådals-Liden

                  Boteå

                  Överlännäs

                  Sånga

                  Örnsköldsvik

                  Arnäs

                  Grundsunda

                  Jämtland

                  Ragunda

                  Fors

                  Västerbotten

                  Umeå

                  Umeå Stadsförsamling

                  Teg

                  Ålidhem

                  Holmsund

                  Hörnefors

                  Holmön

                  Umeå Maria

                  Skellefteå

                  Skellefteå Sankt Olov

                  Skellefteå Sankt Örjan

                  Bureå

                     Agricultural area sub-region 4

                     69 050  ha

            SUB-REGION 5

                  Province

                  Municipal unit

                  District

                  Värmland

                  Kil

                  Boda

                  Eda

                  Eda

                  Järnskog

                  Skillingmark

                  Köla

                  Torsby

                  Fryksände

                  Vitsand

                  Östmark

                  Grums

                  Värmskog

                  Årjäng

                  Silbodal

                  Sillerud

                  Karlanda

                  Holmedal

                  Blomskog

                  Trankil

                  Västra Fågelvik

                  Töcksmark

                  Östervallskog

                  Sunne

                  Gräsmark

                  Lysvik

                  Filipstad

                  Gåsborn

                  Hagfors

                  Hagfors

                  Ekshärad

                  Norra Råda

                  Sunnemo

                  Arvika

                  Arvika Östra

                  Arvika Västra

                  Stavnäs

                  Högerud

                  Glava

                  Bogen

                  Gunnarskog

                  Ny

                  Älgå

                  Mangskog

                  Brunskog

                  Säffle

                  Svanskog

                  Långserud

                  Dalarna

                  Gagnef

                  Mockfjärd

                  Gagnef

                  Floda

                  Leksand

                  Leksand

                  Djura

                  Ål

                  Siljansnäs

                  Rättvik

                  Rättvik

                  Mora

                  Mora

                  Sollerön

                  Falun

                  Svärdsjö

                  Enviken

                  Gävleborg

                  Ockelbo

                  Ockelbo

                  Ovanåker

                  Alfta

                  Gävle

                  Hamrånge

                  Söderhamn

                  Söderhamn

                  Sandarne

                  Skog

                  Ljusne

                  Söderala

                  Bergvik

                  Mo

                  Trönö

                  Norrala

                  Bollnäs

                  Bollnäs

                  Segersta

                  Bollnäs

                  Hanebo

                  Hudiksvall

                  Hudiksvall

                  Idenor

                  Hälsingtuna

                  Rogsta

                  Njutånger

                  Enånger

                  Delsbo

                  Norrbo

                  Forsa

                  Hög

                     Agricultural area sub-region 5

                     72 300  ha

      ANNEX II

                  Maximum average yearly aid for a 5-year period from 1 January 2018 until 31 December 2022(million SEK)

                  Maximum yearly number of eligible production factors or amounts (1)

                  Cow's milk and transport aid for cow's milk

                  450 000 000  kg

                  She goats, pigs for slaughter, sows, laying hens

                  17 000  LU

                  Soft fruit, vegetables and potatoes

                  3 660  hectares

                     TOTAL AID

                  422,92 (2)

         (1)  Conversion rates into livestock units (LU): A she goat is 0,15 LU, a pig for slaughter 0,10 LU, a sow 0,33 LU, and a laying hen 0,01 LU.

         (2)  Of which a maximum support of SEK 395,9 million may be granted towards the category cow's milk and transport aid for cow's milk.


title: Commission Decision (EU) 2018/494 of 22 March 2018 updating Annex A to the Monetary Agreement between the European Union and the Principality of Monaco

text:
               23.3.2018

               EN

               Official Journal of the European Union

               L 81/65

         COMMISSION DECISION (EU) 2018/494
   of 22 March 2018
   updating Annex A to the Monetary Agreement between the European Union and the Principality of Monaco
   THE EUROPEAN COMMISSION,
   Having regard to the Treaty on the Functioning of the European Union,
   Having regard to the Monetary Agreement of 29 November 2011 between the European Union and the Principality of Monaco, and in particular Article 11(3) thereof,
   Whereas:

               (1)

               Article 11(2) of the Monetary Agreement between the European Union and the Principality of Monaco (hereinafter ‘the Monetary Agreement’) requires the Principality of Monaco to apply the same rules as those established in the French Republic for the purposes of transposing European legal acts concerning the activities and prudential regulation of credit institutions and the prevention of systemic risks to payment and securities settlement systems contained in Annex A.

               (2)

               The update of the Annex A is made according to Article 11(3) of the Monetary Agreement which foresees that Annex A needs to be updated by the Commission upon amendment of any relevant texts and also each time a new text is adopted by the European Union,

               (3)

               New texts have been adopted by the European Union and amendments have been made to the texts already existing in Annex A.

               (4)

               Annex A to the Monetary Agreement should therefore be amended accordingly,

         HAS ADOPTED THIS DECISION:
   Sole Article
   Annex A to the Monetary Agreement between the European Union and the Principality of Monaco is replaced by the Annex to this Decision.
   This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.

      Done at Brussels, 22 March 2018.

            For the Commission

            The President

         Jean-Claude JUNCKER

      ANNEX
      ‘
            ANNEX A

                        Applicable banking and financial legislation

                        1

                        With regard to the provisions applicable to credit institutions:
                        Council Directive 86/635/EEC of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions (OJ L 372, 31.12.1986, p. 1).
                        amended by:

                        2

                        Directive 2001/65/EC of the European Parliament and of the Council of 27 September 2001 amending Directives 78/660/EEC, 83/349/EEC and 86/635/EEC as regards the valuation rules for the annual and consolidated accounts of certain types of companies as well as of banks and other financial institutions (OJ L 283, 27.10.2001, p. 28).

                        3

                        Directive 2003/51/EC of the European Parliament and of the Council of 18 June 2003 amending Directives 78/660/EEC, 83/349/EEC, 86/635/EEC and 91/674/EEC on the annual and consolidated accounts of certain types of companies, banks and other financial institutions and insurance undertakings (OJ L 178, 17.7.2003, p. 16).

                        4

                        Directive 2006/46/EC of the European Parliament and of the Council of 14 June 2006 amending Council Directives 78/660/EEC on the annual accounts of certain types of companies, 83/349/EEC on consolidated accounts, 86/635/EEC on the annual accounts and consolidated accounts of banks and other financial institutions and 91/674/EEC on the annual accounts and consolidated accounts of insurance undertakings (OJ L 224, 16.8.2006, p. 1).

                        5

                        Council Directive 89/117/EEC of 13 February 1989 on the obligations of branches established in a Member State of credit institutions and financial institutions having their head offices outside that Member State regarding the publication of annual accounting documents (OJ L 44, 16.2.1989, p. 40).

                        6

                        Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems (OJ L 166, 11.6.1998, p. 45).
                        amended by:

                        7

                        Directive 2009/44/EC of the European Parliament and of the Council of 6 May 2009 amending Directive 98/26/EC on settlement finality in payment and securities settlement systems and Directive 2002/47/EC on financial collateral arrangements as regards linked systems and credit claims (OJ L 146, 10.6.2009, p. 37).

                        8

                        Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority) (OJ L 331, 15.12.2010, p. 120).

                        9

                        Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (OJ L 201, 27.7.2012, p. 1).

                        10

                        Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 (OJ L 257, 28.8.2014, p. 1).

                        11

                        Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions (OJ L 125, 5.5.2001, p. 15).
                        amended by:

                        12

                        Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).

                        13

                        Directive 2002/47/EC of the European Parliament and of the Council of 6 June 2002 on financial collateral arrangements (OJ L 168, 27.6.2002, p. 43).
                        amended by:

                        14

                        Directive 2009/44/EC of the European Parliament and of the Council of 6 May 2009 amending Directive 98/26/EC on settlement finality in payment and securities settlement systems and Directive 2002/47/EC on financial collateral arrangements as regards linked systems and credit claims (OJ L 146, 10.6.2009, p. 37).

                        15

                        Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).

                        16

                        Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate and amending Council Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC and 93/22/EEC, and Directives 98/78/EC and 2000/12/EC of the European Parliament and of the Council (OJ L 35, 11.2.2003, p. 1).
                        amended by:

                        17

                        Directive 2005/1/EC of the European Parliament and of the Council of 9 March 2005 amending Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 92/49/EEC and 93/6/EEC and Directives 94/19/EC, 98/78/EC, 2000/12/EC, 2001/34/EC, 2002/83/EC and 2002/87/EC in order to establish a new organisational structure for financial services committees (OJ L 79, 24.3.2005, p. 9).

                        18

                        Directive 2008/25/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, as regards the implementing powers conferred on the Commission (OJ L 81, 20.3.2008, p. 40).

                        19

                        Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority) (OJ L 331, 15.12.2010, p. 120).

                        20

                        Directive 2011/89/EU of the European Parliament and of the Council of 16 November 2011 amending Directives 98/78/EC, 2002/87/EC, 2006/48/EC and 2009/138/EC as regards the supplementary supervision of financial entities in a financial conglomerate (OJ L 326, 8.12.2011, p. 113).

                        21

                        With the exception of Title V:
                        Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338).
                        supplemented and implemented by:

                        22

                        Commission Delegated Regulation (EU) 2015/2303 of 28 July 2015 supplementing Directive 2002/87/EC of the European Parliament and of the Council with regard to regulatory technical standards specifying the definitions and coordinating the supplementary supervision of risk concentration and intra-group transactions (OJ L 326, 11.12.2015, p. 34).

                        23

                        Commission Delegated Regulation (EU) No 342/2014 of 21 January 2014 supplementing Directive 2002/87/EC of the European Parliament and of the Council and Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the application of the calculation methods of capital adequacy requirements for financial conglomerates (OJ L 100, 3.4.2014, p. 1).

                        24

                        With regard to the provisions applicable to credit institutions and with the exception of Articles 15, 31 to 33 and Title III:
                        Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC (OJ L 145, 30.4.2004, p. 1).
                        amended by:

                        25

                        Directive 2006/31/EC of the European Parliament and of the Council of 5 April 2006 amending Directive 2004/39/EC on markets in financial instruments, as regards certain deadlines (OJ L 114, 27.4.2006, p. 60).

                        26

                        Directive 2007/44/EC of the European Parliament and of the Council of 5 September 2007 amending Council Directive 92/49/EEC and Directives 2002/83/EC, 2004/39/EC, 2005/68/EC and 2006/48/EC as regards procedural rules and evaluation criteria for the prudential assessment of acquisitions and increase of holdings in the financial sector (OJ L 247, 21.9.2007, p. 1).

                        27

                        Directive 2008/10/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2004/39/EC on markets in financial instruments, as regards the implementing powers conferred on the Commission (OJ L 76, 19.3.2008, p. 33).

                        28

                        Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority) (OJ L 331, 15.12.2010, p. 120).
                        supplemented and implemented by:

                        29

                        Commission Regulation (EC) No 1287/2006 of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards record-keeping obligations for investment firms, transaction reporting, market transparency, admission of financial instruments to trading, and defined terms for the purposes of that Directive (OJ L 241, 2.9.2006, p. 1).

                        30

                        Commission Directive 2006/73/EC of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive (OJ L 241, 2.9.2006, p. 26).

                        31

                        With regard to the provisions of Titles I and II:
                        Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC: (OJ L 319, 5.12.2007, p. 1).
                        amended by:

                        32

                        Directive 2009/111/EC of the European Parliament and of the Council of 16 September 2009 amending Directives 2006/48/EC, 2006/49/EC and 2007/64/EC as regards banks affiliated to central institutions, certain own funds items, large exposures, supervisory arrangements, and crisis management (OJ L 302, 17.11.2009, p. 97).

                        33

                        With the exception of Title V:
                        Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338).

                        34

                        Directive 2009/110/EC of the European Parliament and of the Council of 16 September 2009 on the taking up, pursuit and prudential supervision of the business of electronic money institutions amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC (OJ L 267, 10.10.2009, p. 7).
                        amended by:

                        35

                        With the exception of Title V:
                        Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338).

                        36

                        Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35).

                        37

                        Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331, 15.12.2010, p. 12).
                        amended by:

                        38

                        Regulation (EU) No 1022/2013 of the European Parliament and of the Council of 22 October 2013 amending Regulation (EU) No 1093/2010 establishing a European Supervisory Authority (European Banking Authority) as regards the conferral of specific tasks on the European Central Bank pursuant to Council Regulation (EU) No 1024/2013 (OJ L 287, 29.10.2013, p. 5).

                        39

                        Directive 2014/17/EU of the European Parliament and of the Council of 4 February 2014 on credit agreements for consumers relating to residential immovable property and amending Directives 2008/48/EC and 2013/36/EU and Regulation (EU) No 1093/2010 (OJ L 60, 28.2.2014, p. 34).

                        40

                        Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).

                        41

                        Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (OJ L 225, 30.7.2014, p. 1).

                        42

                        Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35).

                        43

                        Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (OJ L 201, 27.7.2012, p. 1).
                        amended by:

                        44

                        Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).

                        45

                        Commission Delegated Regulation (EU) No 1002/2013 of 12 July 2013 amending Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories with regard to the list of exempted entities (OJ L 279, 19.10.2013, p. 2).

                        46

                        Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).

                        47

                        Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (OJ L 173, 12.6.2014, p. 84) and the related level 2 measures, where applicable.
                        amended by:

                        48

                        Regulation (EU) 2016/1033 of the European Parliament and of the Council of 23 June 2016 amending Regulation (EU) No 600/2014 on markets in financial instruments, Regulation (EU) No 596/2014 on market abuse and Regulation (EU) No 909/2014 on improving securities settlement in the European Union and on central securities depositories (OJ L 175, 30.6.2016, p. 1-7)

                        49

                        Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC (OJ L 141, 5.6.2015, p. 73).

                        50

                        Commission Delegated Regulation (EU) 2015/1515 of 5 June 2015 amending Regulation (EU) No 648/2012 of the European Parliament and of the Council as regards the extension of the transitional periods related to pension scheme arrangements (OJ L 239, 15.9.2015, p. 63).

                        51

                        Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012 (OJ L 337, 23.12.2015, p. 1).
                        supplemented and implemented by:

                        52

                        Commission Implementing Regulation (EU) No 1247/2012 of 19 December 2012 laying down implementing technical standards with regard to the format and frequency of trade reports to trade repositories according to Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories (OJ L 352, 21.12.2012, p. 20).

                        53

                        Commission Implementing Regulation (EU) No 1248/2012 of 19 December 2012 laying down implementing technical standards with regard to the format of the records to be maintained by central counterparties according to Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories (OJ L 352, 21.12.2012, p. 30).

                        54

                        Commission Implementing Regulation (EU) No 1249/2012 of 19 December 2012 laying down implementing technical standards with regard to the format of the records to be maintained by central counterparties according to Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories (OJ L 352, 21.12.2012, p. 32).

                        55

                        Commission Delegated Regulation (EU) No 876/2013 of 28 May 2013 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on colleges for central counterparties (OJ L 244, 13.9.2013, p. 19).

                        56

                        Commission Delegated Regulation (EU) No 148/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories with regard to regulatory technical standards on the minimum details of the data to be reported to trade repositories (OJ L 52, 23.2.2013, p. 1).

                        57

                        Commission Delegated Regulation (EU) No 149/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on indirect clearing arrangements, the clearing obligation, the public register, access to a trading venue, non-financial counterparties, and risk mitigation techniques for OTC derivatives contracts not cleared by a CCP (OJ L 52, 23.2.2013, p. 11).

                        58

                        Commission Delegated Regulation (EU) No 150/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories with regard to regulatory technical standards specifying the details of the application for registration as a trade repository (OJ L 52, 23.2.2013, p. 25).

                        59

                        Commission Delegated Regulation (EU) No 151/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories, with regard to regulatory technical standards specifying the data to be published and made available by trade repositories and operational standards for aggregating, comparing and accessing the data (OJ L 52, 23.2.2013, p. 33).

                        60

                        Commission Delegated Regulation (EU) No 152/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on capital requirements for central counterparties (OJ L 52, 23.2.2013, p. 37).

                        61

                        Commission Delegated Regulation (EU) No 153/2013 of 19 December 2012 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards for own funds requirements for institutions (OJ L 52, 23.2.2013, p. 41).

                        62

                        Commission Delegated Regulation (EU) No 285/2014 of 13 February 2014 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on direct, substantial and foreseeable effect of contracts within the Union and to prevent the evasion of rules and obligations (OJ L 85, 21.3.2014, p. 1).

                        63

                        Commission Implementing Regulation (EU) No 484/2014 of 12 May 2014 laying down implementing technical standards with regard to the hypothetical capital of a central counterparty according to Regulation (EU) No 648/2012 of the European Parliament and of the Council (OJ L 138, 13.5.2014, p. 57).

                        64

                        Commission Implementing Regulation (EU) 2015/880 of 4 June 2015 on the extension of the transitional periods related to own funds requirements for exposures to central counterparties in Regulations (EU) No 575/2013 and (EU) No 648/2012 of the European Parliament and of the Council (OJ L 143, 9.6.2015, p. 7).

                        65

                        Commission Delegated Regulation (EU) 2015/2205 of 6 August 2015 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation (OJ L 314, 1.12.2015, p. 13-21).

                        66

                        Commission Delegated Regulation (EU) 2016/592 of 1 March 2016 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on the clearing obligation (OJ L 103, 19.4.2016, p. 5-11).

                        67

                        Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).
                        amended by:

                        68

                        Commission Delegated Regulation (EU) 2015/62 of 10 October 2014 amending Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to the leverage ratio (OJ L 11, 17.1.2015, p. 37).

                        69

                        Commission Delegated Regulation (EU) 2015/1555 of 28 May 2015 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the disclosure of information in relation to the compliance of institutions with the requirement for a countercyclical capital buffer in accordance with Article 440 (OJ L 244, 19.9.2015, p. 1).

                        70

                        Commission Delegated Regulation (EU) 2015/1556 of 11 June 2015 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the transitional treatment of equity exposures under the IRB approach (OJ L 244, 19.9.2015, p. 9).
                        supplemented and implemented by:

                        71

                        Commission Implementing Regulation (EU) No 1423/2013 of 20 December 2013 laying down implementing technical standards with regard to disclosure of own funds requirements for institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 355, 31.12.2013, p. 60).

                        72

                        Commission Delegated Regulation (EU) No 183/2014 of 20 December 2013 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms, with regard to regulatory technical standards for specifying the calculation of specific and general credit risk adjustments (OJ L 57, 27.2.2014, p. 3).

                        73

                        Commission Delegated Regulation (EU) No 241/2014 of 7 January 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for own funds requirements for institutions (OJ L 74, 14.3.2014, p. 8).
                        amended by:

                        74

                        Commission Delegated Regulation (EU) 2015/488 of 4 September 2014 amending Delegated Regulation (EU) No 241/2014 as regards own funds requirements for firms based on fixed overheads (OJ L 78, 24.3.2015, p. 1).

                        75

                        Commission Delegated Regulation (EU) 2015/850 of 30 January 2015 amending Delegated Regulation (EU) No 241/2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for own funds requirements for institutions (OJ L 135, 2.6.2015, p. 1).

                        76

                        Commission Delegated Regulation (EU) 2015/923 of 11 March 2015 amending Delegated Regulation (EU) No 241/2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for own funds requirements for institutions (OJ L 150, 17.6.2015, p. 1).

                        77

                        Commission Delegated Regulation (EU) No 342/2014 of 21 January 2014 supplementing Directive 2002/87/EC of the European Parliament and of the Council and Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the application of the calculation methods of capital adequacy requirements for financial conglomerates (OJ L 100, 3.4.2014, p. 1).

                        78

                        Commission Delegated Regulation (EU) No 523/2014 of 12 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for determining what constitutes the close correspondence between the value of an institution's covered bonds and the value of the institution's assets (OJ L 148, 20.5.2014, p. 4).

                        79

                        Commission Delegated Regulation (EU) No 525/2014 of 12 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the definition of market (OJ L 148, 20.5.2014, p. 15).

                        80

                        Commission Delegated Regulation (EU) No 526/2014 of 12 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for determining proxy spread and limited smaller portfolios for credit valuation adjustment risk (OJ L 148, 20.5.2014, p. 17).

                        81

                        Commission Delegated Regulation (EU) No 528/2014 of 12 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for non-delta risk of options in the standardised market risk approach (OJ L 148, 20.5.2014, p. 29).

                        82

                        Commission Delegated Regulation (EU) 2016/861 of 18 February 2016 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for non-delta risk of options in the standardised market risk approach and correcting Commission Delegated Regulation (EU) No 604/2014 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards with respect to qualitative and appropriate quantitative criteria to identify categories of staff whose professional activities have a material impact on an institution's risk profile (OJ L 144, 1.6.2016, p. 21).

                        83

                        Commission Delegated Regulation (EU) No 529/2014 of 12 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for assessing the materiality of extensions and changes of the Internal Ratings Based Approach and the Advanced Measurement Approach (OJ L 148, 20.5.2014, p. 36).
                        amended by:

                        84

                        Commission Delegated Regulation (EU) 2015/942 of 4 March 2015 amending Delegated Regulation (EU) No 529/2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards regulatory technical standards for assessing the materiality of extensions and changes of internal approaches when calculating own funds requirements for market risk (OJ L 154, 19.6.2015, p. 1).

                        85

                        Commission Delegated Regulation (EU) No 625/2014 of 13 March 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council by way of regulatory technical standards specifying the requirements for investor, sponsor, original lenders and originator institutions relating to exposures to transferred credit risk (OJ L 174, 13.6.2014, p. 16).

                        86

                        Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 191, 28.6.2014, p. 1).

                        87

                        Commission Implementing Regulation (EU) 2015/227 of 9 January 2015 amending Implementing Regulation (EU) No 680/2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 48, 20.2.2015, p. 1).

                        88

                        Commission Implementing Regulation (EU) No 602/2014 of 4 June 2014 laying down implementing technical standards for facilitating the convergence of supervisory practices with regard to the implementation of additional risk weights according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 166, 5.6.2014, p. 22).

                        89

                        Commission Implementing Regulation (EU) No 945/2014 of 4 September 2014 laying down implementing technical standards with regard to relevant appropriately diversified indices according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 265, 5.9.2014, p. 3).

                        90

                        Commission Implementing Regulation (EU) No 1030/2014 of 29 September 2014 laying down implementing technical standards with regard to the uniform formats and date for the disclosure of the values used to identify global systemically important institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 284, 30.9.2014, p. 14).

                        91

                        Commission Delegated Regulation (EU) No 1187/2014 of 2 October 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards regulatory technical standards for determining the overall exposure to a client or a group of connected clients in respect of transactions with underlying assets (OJ L 324, 7.11.2014, p. 1).

                        92

                        Commission Delegated Regulation (EU) 2015/61 of 10 October 2014 to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for Credit Institutions (OJ L 11, 17.1.2015, p. 1).

                        93

                        Commission Implementing Regulation (EU) 2015/79 of 18 December 2014 amending Implementing Regulation (EU) No 680/2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards asset encumbrance, single data point model and validation rules (OJ L 14, 21.1.2015, p. 1).

                        94

                        Commission Delegated Regulation (EU) 2015/585 of 18 December 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the specification of margin periods of risk (OJ L 98, 15.4.2015, p. 1).

                        95

                        Commission Implementing Regulation (EU) 2015/233 of 13 February 2015 laying down implementing technical standards with regard to currencies in which there is an extremely narrow definition of central bank eligibility pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 39, 14.2.2015, p. 11).

                        96

                        Commission Implementing Regulation (EU) 2015/880 of 4 June 2015 on the extension of the transitional periods related to own funds requirements for exposures to central counterparties in Regulations (EU) No 575/2013 and (EU) No 648/2012 of the European Parliament and of the Council (OJ L 143, 9.6.2015, p. 7).

                        97

                        Commission Delegated Regulation (EU) 2015/1798 of 2 July 2015 correcting Delegated Regulation (EU) No 625/2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council by way of regulatory technical standards specifying the requirements for investor, sponsor, original lenders and originator institutions relating to exposures to transferred credit risk (OJ L 263, 8.10.2015, p. 12).

                        98

                        Commission Implementing Regulation (EU) 2015/1278 of 9 July 2015 amending Implementing Regulation (EU) No 680/2014 laying down implementing technical standards with regard to supervisory reporting of institutions as regards instructions, templates and definitions (OJ L 205, 31.7.2015, p. 1).

                        99

                        Commission Implementing Regulation (EU) 2016/100 of 16 October 2015 laying down implementing technical standards specifying the joint decision process with regard to the application for certain prudential permissions pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 21, 28.1.2016, p. 45).

                        100

                        Commission Delegated Regulation (EU) 2016/101 of 26 October 2015 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for prudent valuation under Article 105(14) (OJ L 21, 28.1.2016, p. 54).

                        101

                        Commission Implementing Regulation (EU) 2015/2197 of 27 November 2015 laying down implementing technical standards with regard to closely correlated currencies in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 313, 28.11.2015, p. 30).

                        102

                        Commission Implementing Regulation (EU) 2015/2326 of 11 December 2015 on the extension of the transitional periods related to own funds requirements for exposures to central counterparties set out in Regulation (EU) No 575/2013 and Regulation (EU) No 648/2012 of the European Parliament and of the Council (OJ L 328, 12.12.2015, p. 108).

                        103

                        Commission Implementing Regulation (EU) 2015/2344 of 15 December 2015 laying down implementing technical standards with regard to currencies with constraints on the availability of liquid assets in accordance with Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 330, 16.12.2015, p. 26).

                        104

                        Commission Delegated Regulation (EU) 2016/709 of 26 January 2016 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying the conditions for the application of the derogations concerning currencies with constraints on the availability of liquid assets (OJ L 125, 13.5.2016, p. 1).

                        105

                        Commission Implementing Regulation (EU) 2016/322 of 10 February 2016 amending Implementing Regulation (EU) No 680/2014 laying down implementing technical standards with regard to supervisory reporting of institutions of the liquidity coverage requirement (OJ L 64, 10.3.2016, p. 1).

                        106

                        Commission Implementing Regulation (EU) 2016/200 of 15 February 2016 laying down implementing technical standards with regard to disclosure of the leverage ratio for institutions, according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 39, 16.2.2016, p. 5).

                        107

                        Commission Implementing Regulation (EU) 2016/313 of 1 March 2016 amending Implementing Regulation (EU) No 680/2014 with regard to additional monitoring metrics for liquidity reporting (OJ L 60, 5.3.2016, p. 5).

                        108

                        Commission Implementing Regulation (EU) 2016/428 of 23 March 2016 amending Implementing Regulation (EU) No 680/2014 laying down implementing technical standards with regard to supervisory reporting of institutions as regards the reporting of the Leverage Ratio (OJ L 83, 31.3.2016, p. 1).

                        109

                        With the exception of Title V:
                        Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338).
                        amended by:

                        110

                        Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190).
                        supplemented and implemented by:

                        111

                        Commission Delegated Regulation (EU) No 604/2014 of 4 March 2014 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards with respect to qualitative and appropriate quantitative criteria to identify categories of staff whose professional activities have a material impact on an institution's risk profile (OJ L 167, 6.6.2014, p. 30).

                        112

                        Commission Delegated Regulation (EU) No 527/2014 of 12 March 2014 supplementing Directive (EU) No 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the classes of instruments that adequately reflect the credit quality of an institution as a going concern and are appropriate to be used for the purposes of variable remuneration (OJ L 148, 20.5.2014, p. 21).

                        113

                        Commission Delegated Regulation (EU) No 530/2014 of 12 March 2014 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards further defining material exposures and thresholds for internal approaches to specific risk in the trading book (OJ L 148, 20.5.2014, p. 50).

                        114

                        Commission Delegated Regulation (EU) No 1152/2014 of 4 June 2014 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards on the identification of the geographical location of the relevant credit exposures for calculating institution-specific countercyclical capital buffer rates (OJ L 309, 30.10.2014, p. 5).

                        115

                        Commission Implementing Regulation (EU) No 650/2014 of 4 June 2014 laying down implementing technical standards with regard to the format, structure, contents list and annual publication date of the information to be disclosed by competent authorities in accordance with Directive 2013/36/EU of the European Parliament and of the Council (OJ L 185, 25.6.2014, p. 1).

                        116

                        Commission Implementing Regulation (EU) No 710/2014 of 23 June 2014 laying down implementing technical standards with regard to conditions of application of the joint decision process for institution-specific prudential requirements according to Directive 2013/36/EU of the European Parliament and of the Council (OJ L 188, 27.6.2014, p. 19).

                        117

                        Commission Delegated Regulation (EU) No 1222/2014 of 8 October 2014 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards for the specification of the methodology for the identification of global systemically important institutions and for the definition of subcategories of global systemically important institutions (OJ L 330, 15.11.2014, p. 27).

                        118

                        Commission Delegated Regulation (EU) 2016/98 of 16 October 2015 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards for specifying the general conditions for the functioning of colleges of supervisors (OJ L 21, 28.1.2016, p. 2).

                        119

                        Commission Implementing Regulation (EU) 2016/99 of 16 October 2015 laying down implementing technical standards with regard to determining the operational functioning of the colleges of supervisors according to Directive 2013/36/EU of the European Parliament and of the Council (OJ L 21, 28.1.2016, p. 21).

                        120

                        Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit-guarantee schemes (recast) (OJ L 173, 12.6.2014, p. 149).

                        121

                        Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 190) and the related level 2 measures, where applicable
                        amended by:

                        122

                        Commission Delegated Regulation (EU) 2015/63 of 21 October 2014 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to ex ante contributions to resolution financing arrangements (OJ L 11, 17.1.2015, p. 44).
                        supplemented and implemented by:

                        123

                        Commission Delegated Regulation (EU) 2016/1075 of 23 March 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the content of recovery plans, resolution plans and group resolution plans, the minimum criteria that the competent authority is to assess as regards recovery plans and group recovery plans, the conditions for group financial support, the requirements for independent valuers, the contractual recognition of write-down and conversion powers, the procedures and contents of notification requirements and of notice of suspension and the operational functioning of the resolution colleges (OJ L 184, 8.7.2016, p. 1).

                        124

                        Commission Delegated Regulation (EU) 2016/860 of 4 February 2016 specifying further the circumstances where exclusion from the application of write-down or conversion powers is necessary under Article 44(3) of Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms (OJ L 144, 1.6.2016, p. 11).

                        125

                        Commission Delegated Regulation (EU) 2016/778 of 2 February 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to the circumstances and conditions under which the payment of extraordinary ex post contributions may be partially or entirely deferred, and on the criteria for the determination of the activities, services and operations with regard to critical functions, and for the determination of the business lines and associated services with regard to core business lines (OJ L 131, 20.5.2016, p. 41).

                        126

                        With regard to the provisions applicable to credit institutions and with the exception of Articles 34 to 36 and Title III:
                        Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) (OJ L 173, 12.6.2014, p. 349) and the related level 2 measures, where applicable
                        amended by:

                        127

                        Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 (OJ L 257, 28.8.2014, p. 1).

                        128

                        Directive 2016/1034/EC of the European Parliament and of the Council of 23 June 2016 amending Directive 2014/65/EU on markets in financial instruments (OJ L 175, 30.6.2016, p. 8).

                        129

                        Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories and amending Directives 98/26/EC and 2014/65/EU and Regulation (EU) No 236/2012 (OJ L 257, 28.8.2014, p. 1).

                        130

                        With regard to the provisions applicable to credit institutions:
                        Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (OJ L 173, 12.6.2014, p. 84).

                        131

                        Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012 (OJ L 337, 23.12.2015, p. 1).

                        132

                        With the exception of Titles III and IV:
                        Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35).

                  ’


title: Council Decision (EU, Euratom) 2018/488 of 20 March 2018 appointing a member, proposed by the Kingdom of Denmark, of the European Economic and Social Committee

text:
               23.3.2018

               EN

               Official Journal of the European Union

               L 81/19

         COUNCIL DECISION (EU, Euratom) 2018/488
   of 20 March 2018
   appointing a member, proposed by the Kingdom of Denmark, of the European Economic and Social Committee
   THE COUNCIL OF THE EUROPEAN UNION,
   Having regard to the Treaty on the Functioning of the European Union, and in particular Article 302 thereof,
   Having regard to the Treaty establishing the European Atomic Energy Community, and in particular Article 106a thereof,
   Having regard to the proposal of the Danish Government,
   Having regard to the opinion of the European Commission,
   Whereas:

               (1)

               On 18 September 2015 and 1 October 2015, the Council adopted Decisions (EU, Euratom) 2015/1600 (1) and (EU, Euratom) 2015/1790 (2) appointing the members of the European Economic and Social Committee for the period from 21 September 2015 to 20 September 2020. On 25 May 2016, by Council Decision (EU, Euratom) 2016/848 (3), Mr Mikkel DALSGAARD was replaced by Mr Klaus MATTHIESEN as a member.

               (2)

               A member's seat on the European Economic and Social Committee has become vacant following the end of the term of office of Mr Klaus MATTHIESEN,

         HAS ADOPTED THIS DECISION:
   Article 1
   Mr Thomas HOELGAARD, International Secretary in the Confederation of Professionals (FTF) in Denmark, is hereby appointed as a member of the European Economic and Social Committee for the remainder of the current term of office, which runs until 20 September 2020.
   Article 2
   This Decision shall enter into force on the date of its adoption.

      Done at Brussels, 20 March 2018.

            For the Council

            The President

         E. ZAHARIEVA

      (1)  Council Decision (EU, Euratom) 2015/1600 of 18 September 2015 appointing the members of the European Economic and Social Committee for the period from 21 September 2015 to 20 September 2020 (OJ L 248, 24.9.2015, p. 53).

      (2)  Council Decision (EU, Euratom) 2015/1790 of 1 October 2015 appointing the members of the European Economic and Social Committee for the period from 21 September 2015 to 20 September 2020 (OJ L 260, 7.10.2015, p. 23).

      (3)  Council Decision (EU, Euratom) 2016/848 of 25 May 2016 appointing a member, proposed by the Kingdom of Denmark, of the European Economic and Social Committee (OJ L 141, 28.5.2016, p. 78).


title: Council Decision (EU) 2018/948 of 25 June 2018 on the conclusion on behalf of the European Union of the Agreement between the European Union and Iceland on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund, for the period 2014 to 2020

text:
               4.7.2018

               EN

               Official Journal of the European Union

               L 167/1

         COUNCIL DECISION (EU) 2018/948
   of 25 June 2018
   on the conclusion on behalf of the European Union of the Agreement between the European Union and Iceland on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund, for the period 2014 to 2020
   THE COUNCIL OF THE EUROPEAN UNION,
   Having regard to the Treaty on the Functioning of the European Union, and in particular Article 77(2) and point (a) of Article 218(6) thereof,
   Having regard to the proposal from the European Commission,
   Having regard to the consent of the European Parliament (1),
   Whereas:

               (1)

               In accordance with Council Decision (EU) 2018/398 (2), the Agreement between the European Union and Iceland on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund, for the period 2014 to 2020 (‘the Agreement’) was signed on 2 March 2018, subject to its conclusion at a later date.

               (2)

               In accordance with Articles 1 and 2 of Protocol No 22 on the position of Denmark, annexed to the Treaty on European Union and to the Treaty on the Functioning of the European Union, Denmark is not taking part in the adoption of this Decision and is not bound by it or subject to its application. Given that this Decision builds upon the Schengen acquis, Denmark shall, in accordance with Article 4 of that Protocol, decide within a period of six months after the Council has decided on this Decision whether it will implement it in its national law.

               (3)

               This Decision constitutes a development of the provisions of the Schengen acquis in which the United Kingdom does not take part, in accordance with Council Decision 2000/365/EC (3); the United Kingdom is therefore not taking part in the adoption of this Decision and is not bound by it or subject to its application.

               (4)

               This Decision constitutes a development of the provisions of the Schengen acquis in which Ireland does not take part, in accordance with Council Decision 2002/192/EC (4); Ireland is therefore not taking part in the adoption of this Decision and is not bound by it or subject to its application.

               (5)

               In order to allow for the prompt application of the measures provided for in the Agreement and not delay the approval and implementation of the national programme, the Decision should enter into force on the day following that of its publication in the Official Journal of the European Union.

               (6)

               The Agreement should be approved,

         HAS ADOPTED THIS DECISION:
   Article 1
   The Agreement between the European Union and Iceland on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund, for the period 2014 to 2020 is approved on behalf of the Union (5).
   Article 2
   The President of the Council shall on behalf of the Union, give the notification provided for in Article 19(2) of the Agreement, in order to express the consent of the Union to be bound by the Agreement (6).
   Article 3
   This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.

      Done at Luxembourg, 25 June 2018.

            For the Council

            The President

         N. DIMOV

      (1)  Consent given on 13 March 2018 (not yet published in the Official Journal).

      (2)  Council Decision (EU) 2018/398 of 12 June 2017 on the signing, on behalf of the European Union, and provisional application of the Agreement between the European Union and Iceland on supplementary rules in relation to the instrument for financial support for external borders and visa, as part of the Internal Security Fund, for the period 2014 to 2020 (OJ L 72, 15.3.2018, p. 1).

      (3)  Council Decision 2000/365/EC of 29 May 2000 concerning the request of the United Kingdom of Great Britain and Northern Ireland to take part in some of the provisions of the Schengen acquis (OJ L 131, 1.6.2000, p. 43).

      (4)  Council Decision 2002/192/EC of 28 February 2002 concerning Ireland's request to take part in some of the provisions of the Schengen acquis (OJ L 64, 7.3.2002, p. 20).

      (5)  The Agreement has been published in OJ L 72 of 15.3.2018 together with the decision on signature.

      (6)  The date of entry into force of the Agreement will be published in the Official Journal of the European Union by the General Secretariat of the Council.