Regulation on the Application of EBA Guidelines on ICAAP and ILAAP Information for SREP Purposes

THIS TEXT IS UNOFFICIAL TRANSLATION AND MAY NOT BE USED AS A BASIS FOR SOLVING ANY DISPUTE

 Official Gazette of the Republic of Slovenia, No. 17/18 of 16 March 2018 (in force as of 17 March 2018) Pursuant to the third paragraph of Article 13 of the Banking Act (Official Gazette of the Republic of Slovenia, Nos. 25/15, 44/16 [ZRPPB], 77/16 [ZCKR] and 41/17; hereinafter: the ZBan-2), and the first paragraph of Article 31 of the Bank of Slovenia Act (Official Gazette of the Republic of Slovenia, Nos. 72/06 [official consolidated version], 59/11 and 55/17), the Governing Board of the Bank of Slovenia hereby issues the following REGULATION on the application of the Guidelines on ICAAP and ILAAP information collected for SREP purposes Article 1 (purpose and field of application) (1) Pursuant to Article 16(1) of Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331 of 15 December 2010, p 12; hereinafter: Regulation (EU) No 1093/2010), on 10 February 2017 the European Banking Authority issued the Guidelines on ICAAP and ILAAP information collected for SREP purposes (hereinafter: the guidelines), which are published on its website. (2) The guidelines referred to in the first paragraph of this article aim to ensure convergence of supervisory practices used in the evaluation of institutions’ internal capital adequacy assessment process (ICAAP) and internal liquidity adequacy assessment process (ILAAP) under the supervisory review and evaluation process (SREP) in accordance with the EBA Guidelines on common procedures and methodologies for SREP (SREP Guidelines, EBA/GL/2014/13 of 19 December 2014), which were published by the EBA. The guidelines specify the information in connection with the ICAAP and ILAAP that competent authorities should collect from institutions in order to perform their assessments following the criteria specified in the SREP Guidelines. (3) The guidelines apply to competent authorities as defined in point (i) of Article 4(2) of Regulation (EU) No 1093/2010. Article 2 (content of regulation and scope of application of guidelines) (1) By virtue of this regulation the Bank of Slovenia sets out the application of the guidelines to the Bank of Slovenia, when in accordance with the ZBan-2 it is exercising the supervisory powers and tasks referred to in the second paragraph of Article 9 of the ZBan-2 over banks in its role as the competent authority. (2) In exercising its supervisory powers and tasks in accordance with the ZBan-2 and Regulation (EU) No 575/2013, the Bank of Slovenia shall take full account of the provisions of the guidelines in the parts relating to the exercise of the powers and tasks of the competent authority.

THIS TEXT IS UNOFFICIAL TRANSLATION AND MAY NOT BE USED AS A BASIS FOR SOLVING ANY DISPUTE

Article 3 (entry into force) This regulation shall enter into force on the day after its publication in the Official Gazette of the Republic of Slovenia. Ljubljana, 14 March 2018 Boštjan Jazbec President, Governing Board of the Bank of Slovenia