Regulatory Alerts2009-01-01
Decree of the National Bank of Slovakia No 5/2009
The National Bank of Slovakia issued Decree No 5/2009 to amend liquidity and risk management regulations for banks and foreign bank affiliates. The decree introduces mandatory organizational structures for liquidity risk management, requiring clear separation of duties, defined strategies, and independent internal inspections. It also updates the calculation of liquidity assets by specifying deduction rates for various securities and clarifying the treatment of collateralized instruments.
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