Regulatory Alerts2009-06-16
Decree of the National Bank of Slovakia No 3/2009 on Valuation Methods for Open-Ended Funds
The National Bank of Slovakia issued Decree No 3/2009 to establish standardized methods for valuing assets within open-ended funds. The regulation mandates the use of market prices for regulated instruments, while specifying theoretical pricing models and discount procedures for derivatives, unlisted securities, and distressed receivables. It further defines key financial terms and outlines specific valuation adjustments for equity participations, precious metals, and foreign currency instruments.
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