Decision on the Application of Guidelines on the Analysis of Environmental Scenarios for Testing the Resilience of Institutions to Negative Impacts of Environmental Risk Factors

Evidence Data Collection: Other General and Individual Acts Decision on the Application of Guidelines on the Analysis of Environmental Scenarios for Testing the Resilience of Institutions to Negative Impacts of Environmental Risk Factors Official Gazette of the Republic of Slovenia, No. 16/26 ID: SKLE14324 SOP: 2026-01-0609 Adopted: 23. 2. 2026 Published: 26. 2. 2026 Effective from: 13. 3. 2026 Applicable from: 31. 12. 2026 Type of Act: Decision Lead Authority: Banka Slovenije Adopting Body: Banka Slovenije Forms The electronic edition of the Official Gazette is the official edition as of 1 January 2006. Prior to this date, official editions were published in paper form.

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Pursuant to the third paragraph of Article 13 of the Banking Act (Official Gazette of the Republic of Slovenia, No. 92/21, 123/21 – ZBNIP, 2/25 – Constitutional Court decision, and 17/25; hereinafter: ZBan-3) and the first paragraph of Article 31 of the Bank of Slovenia Act (Official Gazette of the Republic of Slovenia, No. 72/06 – consolidated text, 59/11 and 55/17), the Council of Banka Slovenije issues

DECISION

on the application of the Guidelines on the Analysis of Environmental Scenarios for Testing the Resilience of Institutions to Negative Impacts of Environmental Risk Factors

Article 1

(Purpose and Scope of Application of the Guidelines)

(1) The European Banking Authority, pursuant to the first paragraph of Article 16 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority) and amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L No. 331 of 15 December 2010, p. 12), last amended by Regulation (EU) 2025/2088 of the European Parliament and of the Council of 8 October 2025 amending Regulations (EU) No 1092/2010, (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010, (EU) No 806/2014, (EU) 2021/523 and (EU) 2024/1620 as regards certain reporting requirements in the field of financial services and investment support (OJ L No. 2025/2088 of 21 October 2025) (hereinafter: Regulation 1093/2010/EU), published on its website on 4 November 2025 the Guidelines on the Analysis of Environmental Scenarios for Testing the Resilience of Institutions to Negative Impacts of Environmental Risk Factors (EBA/GL/2025/04; hereinafter: Guidelines).

(2) The Guidelines referred to in the first paragraph of this Article define criteria for scenario formulation that institutions should use to test their resilience to long-term negative impacts of environmental factors, particularly climate-related factors, in accordance with Article 87a(3) and (5), point (d), of Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L No. 176 of 27 June 2013, p. 338), last amended by Directive (EU) 2024/2994 of the European Parliament and of the Council of 27 November 2024 amending Directives 2009/65/EC, 2013/36/EU and (EU) 2019/2034 as regards the treatment of concentration risk arising from exposure to central counterparties and counterparty risk in centrally cleared derivative transactions (OJ L No. 2024/2994 of 4 December 2024) (hereinafter: Directive 2013/36/EU). Furthermore, the Guidelines specify how climate-related risk factors should be included in stress testing and contain criteria for scenario analysis that can be used to test an institution's resilience to short-term negative impacts of environmental factors. The Guidelines also detail how institutions authorized by the competent authority to use the Internal Ratings-Based (IRB) approach for calculating capital requirements for part of their credit risk exposures or for all their credit risk exposures should define and use stress test scenarios including environmental risk factors, particularly physical climate risk and transition risk, within their credit risk stress testing programs to meet the requirements of Article 177(2a) of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L No. 176 of 27 June 2013, p. 1), last amended by Commission Delegated Regulation (EU) 2025/1496 of 12 June 2025 amending Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards the start date for the application of capital requirements for market risk (OJ L No. 2025/1496 of 19 September 2025) (hereinafter: Regulation 575/2013/EU).

(3) The Guidelines are addressed to:

1. competent authorities referred to in point 1 of the second paragraph of Article 4 of Regulation 1093/2010/EU; and

2. financial institutions referred to in the first paragraph of Article 4 of Regulation 1093/2010/EU, which are also classified as institutions under point 3 of the first paragraph of Article 4 of Regulation (EU) No 575/2013.

Article 2

(Content of the Decision and Scope of Application of the Guidelines)

(1) By this Decision, Banka Slovenije determines the application of the Guidelines and all future amendments thereto, unless Banka Slovenije decides otherwise for a specific amendment to the Guidelines, for:

1. banks and savings banks, over which supervision is the responsibility of Banka Slovenije in accordance with ZBan-3 and Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (OJ L No. 287 of 29 October 2013, p. 63) (hereinafter: banks); and

2. Banka Slovenije, when exercising the powers and tasks of supervision over the banks referred to in point 1 of this paragraph in its capacity as the competent authority in accordance with ZBan-3.

(2) The banks referred to in point 1 of the first paragraph of this Article shall fully take into account the provisions of the Guidelines in the part where they are addressed to banks.

(3) In performing its supervisory tasks and powers in accordance with ZBan-3 and Regulation 575/2013/EU, Banka Slovenije shall fully take into account the provisions of the Guidelines in the part relating to the performance of tasks and powers of the competent authority.

Article 3

(Entry into Force of the Decision)

This Decision shall enter into force on the fifteenth day following its publication in the Official Gazette of the Republic of Slovenia, and shall apply from 1 January 2027.

Ljubljana, 24 February 2026

Primož Dolenc Deputy Chairman of the Council of Banka Slovenije