Regulatory Alerts2011-01-01
Decree of NBS No 3/2011 amending Decree No 4/2007 on banks' and investment firms' capital requirements
Národná banka Slovenska issued Decree No 3/2011 to amend Decree No 4/2007 regarding the own funds, financing, and capital requirements for banks and investment firms. The regulation updates definitions, risk-weighting methodologies for various exposures including leases and equity, and introduces specific calculation rules for counterparty credit risk and dilution risk. It also establishes detailed procedural requirements for banks seeking prior approval to modify their internal ratings-based approaches for credit risk.
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