Legal provisions of COM(2017)499 - Amendment of decision on signing and provisional application of the agreement with the USA on prudential measures regarding insurance and reinsurance

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dossier COM(2017)499 - Amendment of decision on signing and provisional application of the agreement with the USA on prudential measures regarding ...
document COM(2017)499 EN
date September 15, 2017


Article 1

Decision (EU) 2017/1792 is amended as follows:

(1)Article 2 is replaced by the following:

‘Article 2

The President of the Council is hereby authorised to designate the person(s) empowered to sign the Agreement on behalf of the Union as well as the exchange of letters between the European Union and the United States of America concerning language arrangements. The signature of the Agreement shall take place together with the signature of the exchange of letters.’;

(2)the following article is inserted:

‘Article 3a

The Agreement shall be signed in English. Pursuant to Union law, the Agreement is also drawn up by the Union in the Bulgarian, Croatian, Czech, Danish, Dutch, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish and Swedish languages. These additional language versions should be authenticated by an exchange of diplomatic notes between the European Union and the United States of America. All authenticated versions shall be of equal value.’.

Article 2

This Decision shall enter into force on the date of its adoption.