Regulation on the application of the EBA Recommendation on the use of the Legal Entity Identifier (LEI)

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. 47/15 of 30 June 2015 (in force since 1 July 2015) Pursuant to the third paragraph of Article 13 of the Banking Act (Official Gazette of the Republic of Slovenia, No. 25/15; 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] and 59/11), the Governing Board of the Bank of Slovenia hereby issues the following REGULATION on the application of the EBA Recommendation on the use of the Legal Entity Identifier (LEI) Article 1 (purpose and field of application of recommendation) (1) Pursuant to the first paragraph of Article 16 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 29 January 2014 the European Banking Authority issued the EBA Recommendation on the use of the Legal Entity Identifier (LEI) (hereinafter: the recommendation), which is published on its website. (2) The recommendation referred to in the first paragraph of this article regulates the use of the LEI as a unique identification code for every credit and financial institution in the EU for the purpose of harmonising the identification of legal entities and establishing consistent, efficient and effective supervisory practices that ensure high-quality, reliable and comparable data. (3) The recommendation is addressed to competent authorities as defined in point 40 of the first paragraph of Article 4 of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176 of 27 June 2013, p 1; hereinafter: Regulation (EU) No 575/2013). Article 2 (content of regulation and scope of application of recommendation) (1) By virtue of this regulation the Bank of Slovenia sets out the application of the recommendation to the Bank of Slovenia, when in its role as the competent authority it is exercising supervisory powers and tasks over banks in accordance with the ZBan-2. (2) In exercising its supervisory powers and tasks in accordance with the ZBan-2 and Regulation (EU) No 575/2013 and in submitting information to the EBA in accordance with Article 35 of Regulation (EU) No 1093/2010, the Bank of Slovenia shall take full account of the recommendation.

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, 23 June 2015 Boštjan Jazbec President, Governing Board of the Bank of Slovenia