RegAlert2017-05-30
Added · Updated
Decision No 6/2017 on the setting of systemic risk buffer rates
Národná banka Slovenska issued Decision No 6/2017 to mandate a 1% systemic risk buffer for Slovenská sporiteľňa, Tatra banka, and Všeobecná úverová banka. This buffer applies to all exposures located in the Slovak Republic on both an individual and sub-consolidated basis. The regulation repeals Decision No 19/2016 and enters into force on 1 January 2018.
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Decision No 6/2017 of Národná banka Slovenska of 30 May 2017 on the setting of systemic risk buffer rates Národná banka Slovenska, in accordance with Article 33e(1) of Act No 483/2001 Coll. on banks (and amending certain laws), as amended, has adopted this Decision:
Article 1
From 1 January 2018 the following systemic risk buffer rates will be applied:
(a) Slovenská sporiteľňa, a.s., 1%,
(b) Tatra banka, a.s., 1%,
(c) Všeobecná úverová banka, a.s. 1%.
Article 2
The systemic risk buffers shall be maintained on both an individual and sub-consolidated basis.
Article 3
The systemic risk buffers shall be applied to all exposures located in the Slovak Republic.
Article 4
This Decision repeals Decision No 19/2016 of Národná banka Slovenska of 24 May 2016 on the setting of systemic risk buffer rates.
Article 5
This Decision enters into force on 1 January 2018.
Jozef Makúch
Governor
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Lineage: In force
Timeline
This document supersedes: Decision No 19/2016 on the setting of systemic risk buffer rates
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Source: Narodna banka Slovenska — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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