Regulatory Alerts2020-02-17
Bank of Slovenia Regulation on Application of EBA Guidelines on Incremental Default and Migration Risk Charge
The Governing Board of the Bank of Slovenia issued a regulation mandating that banks and savings banks in Slovenia fully apply the European Banking Authority's guidelines on the Incremental Default and Migration Risk Charge. This requirement ensures that institutions calculate capital requirements for specific interest rate risk in the trading book using the internal model approach in accordance with Articles 372 to 376 of Regulation (EU) No 575/2013. The regulation entered into force on 1 July 2015, following its publication in the Official Gazette of the Republic of Slovenia on 30 June 2015.
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