Regulatory Alerts2020-02-17
Bank of Slovenia Regulation on Guidelines for Significant Credit Risk Transfer under Articles 243 and 244 of Regulation EU 575/2013
The Governing Board of the Bank of Slovenia issued this regulation to formally apply the European Banking Authority's Guidelines on Significant Credit Risk Transfer to Slovenian financial institutions. It mandates that banks acting as originators in securitizations must fully incorporate these guidelines into their assessment and treatment of credit risk transfers under Articles 243 and 244 of Regulation (EU) No 575/2013. Additionally, the Bank of Slovenia is required to consider these guidelines when exercising its supervisory powers over such institutions, with the regulation entering into force on 1 July 2015.
Share