Regulatory Alerts2013-05-14
Decree No. 139/2013 Coll. of Národná banka Slovenska laying down detailed provisions on the elements of an application for a foreign exchange licence and on requirements for trade in foreign exchange assets
Národná banka Slovenska issued Decree No. 139/2013 to define the specific documentation and data requirements for obtaining a foreign exchange licence from both natural and legal persons. The regulation mandates strict record-keeping standards for licensed places of exchange, including the maintenance of detailed foreign currency ledgers, transaction receipts, and registers of legal tender. Furthermore, it requires licensees to submit quarterly summary statements of foreign currency purchases and sales to the central bank within fifteen days following the end of each calendar quarter.
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