Upvote:2
Yes, that's correct. You can check that with the official announcement and Wikipedia (which also provides link to a database airlines use to deal with these kinds of things).
In principle, the requirements for visa-free visits are almost the same than for visa holders (with one major exception: travel health insurance is not required if you don't need a visa). In practice, border guards seldom spend more than a minute interviewing travellers and do not check any of this in detail. But they can legally deny entry if they are not satisfied that you have a valid purpose, sufficient financial means, etc. and all the documents you would use to establish that when applying for a visa could be useful if you are challenged at the border.