Regulatory Alerts2015-05-26
Added · Updated
Decision No 5/2015 on the buffer rate for other systemically important institutions
Národná banka Slovenska issued Decision No 5/2015 to establish the Other Systemically Important Institution buffer rates for five designated banks. The regulation mandates a 1% buffer rate for all listed institutions during 2016, followed by adjusted rates starting in 2017 where four banks face a 2% requirement and Tatra banka is set at 1.5%. These capital buffers are required to be maintained on both an individual and sub-consolidated basis.
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