(a)

Notwithstanding the provisions of Protocol 1 to this Agreement, and unless otherwise provided for in this Agreement, the terms Member State(s) and competent authorities shall be understood to include, in addition to their meaning in the Regulation, the EFTA States and their competent authorities, respectively.

(b)

Unless otherwise provided for in this Agreement, the European Supervisory Authorities (ESAs) and the EFTA Surveillance Authority shall cooperate, exchange information and consult each other for the purposes of the Regulation, in particular prior to taking any action.

(c)

Decisions, requests, recommendations, opinions, plans and other measures of the EFTA Surveillance Authority under Articles 31, 33, 35-39, 42 and 43 shall, without undue delay, be adopted on the basis of drafts prepared by the competent ESA pursuant to Article 31(1) at its own initiative or at the request of the EFTA Surveillance Authority.

(d)

When the Regulation refers to the national central banks, it shall, as regards Liechtenstein, refer to the Ministry of Finance in Liechtenstein.

(e)

In point (61) of Article 3, the words “or the EFTA Surveillance Authority, as the case may be,” shall be inserted after the words “European Supervisory Authority”.

(f)

In point (30) of Article 3 and Article 55(3), the words “Union or national law” shall be replaced with “provisions of the EEA Agreement or national law”.

(g)

In Articles 6(10) and 19(5), the words “Union and national sectoral law” shall be replaced with “the EEA Agreement and national sectoral law”.

(h)

In Article 19(7), the words “and the national central banks of the EFTA States” shall be inserted after the words “members of the European System of Central Banks”.

(i)

In Article 31(1):

(j)

In Article 31(5), the words “, or the EFTA Surveillance Authority, as the case may be” shall be inserted after the word “Joint Committee”.

(k)

In Article 31(8) (ii), the words “or, as regards the EFTA States, frameworks for the purposes of supporting the same tasks as referred to in Article 127(2) of the Treaty on the Functioning of the European Union” shall be inserted after the words “Treaty on the Functioning of the European Union”.

(l)

In Article 31(11), the words “, or the EFTA Surveillance Authority, as the case may be” shall be inserted after the words “Joint Committee”.

(m)

In Article 32(4), the following subparagraphs shall be added:

(n)

In Article 32(8), the words “Union rules” shall be replaced by the words “provisions of the EEA Agreement”.

(o)

In Article 34(1), the following sentence shall be added:

(p)

In Article 35(3), the following subparagraph shall be added:

(q)

In Article 35(9), the following sentence shall be added:

(r)

In Article 35(11), the following subparagraph shall be inserted after the first subparagraph:

(s)

In Article 36(2), the words “or the EFTA Surveillance Authority” shall be inserted after the words “EBA, ESMA or EIOPA”.

(t)

In Article 37(3), as regards the EFTA States, point (f) shall read as follows:

(u)

In Article 40(2):

(v)

In Article 49(1), the words “and the EFTA Surveillance Authority” shall be inserted after the word “ESAs”.

(w)

In Articles 49(2) and 56(1), the words “, the EFTA Surveillance Authority” shall be inserted after the word “ESAs”.

(x)

In Article 64, as regards the EFTA States, the words “17 January 2025” shall read “a date designated under national law no later than 12 months after the date of entry into force of Decision of the EEA Joint Committee No 40/2025 of 20 February 2025”.’