Regulatory Alerts2011-01-01
Decree of NBS No 19/2011 amending Decree No 15/2010 on disclosures by banks
Národná banka Slovenska issued Decree No 19/2011 to amend its previous disclosure regulations for banks and foreign bank branches. The decree mandates detailed public disclosures regarding securitisation activities, including risk management processes, quantitative exposure data, and accounting policies. It also introduces comprehensive requirements for the transparency of remuneration policies and variable compensation for key personnel, with the new rules entering into force on 31 January 2012.
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