Decree of NBS No 1/2019

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DECREE of Národná banka Slovenska of 8 January 2019 amending Decree No 9/2017 of Národná banka Slovenska laying down national discretions for institutions under a separate regulation Národná banka Slovenska, in accordance with Article 114b(3) of Act No 483/2001 on banks (and amending certain laws), as amended by Act No 213/2014, and in accordance with Article 160a(3) of Act No 566/2001 on securities and investment services (and amending certain laws) (the Securities Act), as amended by Act No 213/2014, has adopted this Decree:
Article I
Decree No 9/2017 of Národná banka Slovenska laying down national discretions for institutions under a separate regulation (Notification No 305/2017) is amended as follows:

1. Article 3 is replaced by the following:
   “Article 3
   (1) Under the national discretion exercised in accordance with Article 178(2)(d) of a separate regulation, 1 the materiality threshold for a credit obligation past due for retail exposures consists of the following components:
   (a) an absolute component,
   3a set at €100, and
   (b) a relative component,
   3a set at 1%.
   (2) Under the national discretion exercised in accordance with Article 178(2)(d) of a separate regulation, 1 the materiality threshold for a credit obligation past due for other than retail exposures consists of the following components:
   (a) an absolute component,
   3b set at €500, and
   (b) a relative component,
   3b set at 1%.”.
   Footnotes 3a and 3b are added as follows:
   “3a) Article 1 of Commission Delegated Regulation (EU) 2018/171 of 19 October 2017 on supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the materiality threshold for credit obligations past due (OJ L 32, 6.2.2018). 3b) Article 2 of Commission Delegated Regulation (EU) No 2018/171.”.
2. Article 6a is inserted after Article 6 as follows:
   “Article 6a
   Under the national discretion exercised in accordance with Article 24(4) of a separate regulation, 5 the amount of stable retail deposits covered by a deposit guarantee scheme is multiplied by a factor of 0.03, provided that the European Commission, after receiving a reasoned notification from Národná banka Slovenska in accordance with Article 24(5) of the separate regulation, 5 has

2 granted, pursuant to Article 24(5) of the regulation,5 a prior approval confirming that all requirements under Article 24(4) of the regulation5 are met.“. Footnote 5 is added as follows:
“5) Commission Delegated Regulation (EU) 2015/61 of 10 October 2014 to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for Credit Institutions (OJ L 11, 17.1.2015).”.
Article II
This Decree enters into force on 31 January 2019, with the exception of point 1, which enters into force on 31 December 2020. Jozef Makúch Governor Issuing unit:
Regulation Department Tel.: +421 2 5787 3301
Banking and Payment Services Regulation Section Fax: +421 2 5787 1118