Regulatory Alerts2020-12-24
Regulation on the Application of EBA Guidelines on Legislative and Non-Legislative Moratoria on Loan Payments
The Governing Board of the Bank of Slovenia issued this regulation to mandate the application of European Banking Authority guidelines regarding the prudential treatment of loan payment moratoria introduced during the COVID-19 pandemic. It requires supervised banks and the Bank of Slovenia itself to apply specific definitions of default and forbearance when assessing exposures affected by legislative or non-legislative moratoriums. The regulation also establishes a 12-month cap on moratorium periods and defines criteria for identifying general payment moratoria under Slovenian intervention measures.
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