Article 1
Annex IX to the EEA Agreement shall be amended as follows:
- 1..
The text of point 23ba (Commission Directive 2006/70/EC) is replaced by the following:
‘ 32015 R 0847: Regulation (EU) 2015/847 of the European Parliament and of the Council of 20 May 2015 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006 (OJ L 141, 5.6.2015, p. 1).
The provisions of the Regulation shall, for the purposes of this Agreement, be read with the following adaptation:
By way of derogation from Articles 4 and 6, as regards transfers of funds in Swiss Francs in Liechtenstein and from and to Liechtenstein within its Currency Union with Switzerland, the information required by Articles 4 and 6 shall be collected and made available when requested by the payment service provider of the payee within three working days, but need not be transferred immediately with the transfers of funds as foreseen in Articles 4 and 6. This derogation shall be applicable for a transitional period expiring on 31 December 2022.’
- 2..
The text of point 23d (Regulation (EC) No 1781/2006 of the European Parliament and of the Council) is deleted.