Regulatory Alerts2010-01-01
Decree of NBS No 13/2010 on Risk Management
Národná banka Slovenska issued Decree No. 13/2010 to define additional risk types and establish detailed requirements for bank risk management systems. The regulation mandates that banks implement comprehensive strategies covering risk identification, measurement, monitoring, and mitigation, while ensuring organizational separation between business activities and risk management functions. It further specifies operational standards for information systems, internal controls, and the approval procedures for new transaction types to ensure adequate capital coverage and financial stability.
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