Regulatory Alerts2020-02-19
Bank of Slovenia Regulation on Joint Guidelines for Supervisory Coordination of Financial Conglomerates
The Governing Board of the Bank of Slovenia issued this regulation to formally apply the European Banking Authority's Joint Guidelines on supervisory coordination for financial conglomerates within Slovenia. The measure requires the Bank of Slovenia to fully account for these guidelines when exercising its supervisory powers over banks under the Banking Act and the Financial Conglomerates Act. The regulation aims to enhance cross-border and cross-sectoral cooperation among competent authorities and supplement the functioning of sectoral colleges for identified financial conglomerates.
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