Regulatory Alerts2020-02-19
Regulation on Holders of Qualifying Holdings in Banks and Savings Banks
The Governing Board of the Bank of Slovenia issued this regulation to detail the prudential assessment criteria for acquiring qualifying holdings in banks and savings banks. It mandates that the Bank evaluate the reputation, financial soundness, and integrity of future holders while ensuring acquisitions do not compromise the target bank's compliance with prudential requirements or facilitate money laundering. The document further specifies the mandatory documentation, application procedures, and notification obligations required for obtaining authorization to acquire such holdings.
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