Regulatory Alerts2018-03-16
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Decision on the Application of the Recommendation on the Scope of Group Resolution Planning
The Bank of Slovenia issued a decision on March 13, 2018, to apply the European Banking Authority's Recommendation on the scope of group resolution planning to credit institutions, investment firms, and mixed financial holding groups operating in Slovenia. This decision mandates that relevant entities within the group must fully consider the Recommendation's criteria when preparing their group resolution plans to ensure compliance with the Bank of Slovenia's consolidated supervision obligations. The decision entered into force on March 16, 2018, thereby standardizing the classification and treatment of entities within group resolution frameworks.
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