Regulatory Alerts2014-01-01
Decision No 12/2014 of Národná banka Slovenska on the countercyclical capital buffer rate
Národná banka Slovenska issued Decision No 12/2014 to establish the countercyclical capital buffer rate for financial institutions. The Bank Board determined that the applicable buffer rate shall be set at 0%. This decision entered into force on 1 November 2014.
Chapter 30/2014 NBS Journal – Decision No 12/2014 of Národná banka Slovenska 823
12 DECISION of Národná banka Slovenska of 7 October 2014 on the setting of the countercyclical capital buffer rate The Bank Board of Národná banka Slovenska, acting in accordance with Article 33g(1) of Act No 483/2001 Coll. on banks, as amended, has adopted this Decision: Article I This Decision sets the rate of the countercyclical capital buffer. Article II The Bank Board of Národná banka Slovenska has decided that the countercyclical capital buffer rate shall be set at 0% Article III This Decision shall enter into force on 1 November 2014. Jozef Makúch Governor