Decree of NBS No 13/2015 amending Decree No 16/2014 on disclosure of information by banks

1 DECREE No 13/2015 of Národná banka Slovenska of 20 October 2015 amending Decree No 16/2014 of Národná banka Slovenska on the disclosure of information by banks and branches of foreign banks In accordance with Article 37(14)(c) to (e) of Act No 483/2001 Coll. on banks (and amending certain laws), as amended, Národná banka Slovenska stipulates as follows: Section I Decree No 16/2014 of Národná banka Slovenska on the disclosure of information by banks and branches of foreign banks (Notification No 237/2014 Coll.) is amended as follows:

1. In Article 1(2), the following point (g) is added: “(g) information on encumbered and unencumbered assets5a as required by the statement, whose template and production methodology are given in Annex 2 hereto.”. Footnote No 5a shall read: “5a) Annex XVII to Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (OJ L 191, 28.6.2014), as amended.”.
2. In Article 2, paragraphs 2 to 4 shall be replaced by the following: “(2) Information under Article 1(1), (2)(g) and (3) to (7), and under a separate regulation6 , shall be disclosed as at the last day of the respective calendar year. Information under Article 1(2)(a) to (f), and under a separate regulation9 , shall be disclosed as at the last day of the respective calendar quarter. (3) Information under Article 1(1),(2)(g) and (3) to (7), and under a separate regulation6 , shall be disclosed within 90 days after the financial statements are approved. (4) Information under Article 1(2)(a) to (f), and under a separate regulation9 , shall be disclosed within 45 days after the last day of the respective first, second and third calendar quarter and within 90 days after the last day of the fourth calendar quarter.”.
3. The original Annex is renamed Annex 1 and there is added Annex 2, which is annexed to this Decree. Section II This Decree shall enter into force on 1 December 2015. Jozef Makúch Governor Issuing unit: Regulation Department tel.: +421 2 5787 3301 fax: +421 2 5787 1118

Annex to Decree No 13/2015 (Figures are in EUR thousands) 1/1 Part A - Assets 010 040 060 090 010 Assets of the reporting institution 030 Equity instruments 040 Debt securities 120 Other assets Part B - Collateral received 130 Collateral received by the reporting institution 150 Equity instruments 160 Debt securities 230 Other collateral received 240 Own debt securities issued other than own covered bonds or ABSs Part C - Sources of encumbrance 010 Carrying amount of selected financial liabilities Part D - Information on the importance of asset encumbrance Assets, collateral received and own debt securities issued other than covered bonds and ABSs encumbered Matching liabilities, contingent liabilities or securities lent 010 030 Fair value of encumbered collateral received or own debt securities issued 010 TEMPLATE Annex 2 to Decree No 16/2014 Encumbered and unencumbered assets Fair value of unencumbered assets Carrying amount of encumbered assets Fair value of encumbered assets unencumbered assets Carrying amount of Fair value of collateral received or own debt securities issued available for encumbrance 040 2

Methodology for producing Annex 2 on encumbered and unencumbered assets

1. All boxes of the statement are to be filled in except those shown in grey.
2. In Part D, the following information shall be given: (a) main sources and types of asset encumbrance, detailing, if applicable, encumbrance due to significant activities with derivatives, securities lending, repos, and covered bonds issuance and securitisation; (b) evolution of asset encumbrance over time and in particular after the last disclosure period; (c) structure of asset encumbrance between entities within a group; (d) information on over-collateralisation; (e) general description of terms and conditions of the collateralisation agreements entered into for securing liabilities; (f) general description of the proportion of items included in column 060 'Carrying amount of unencumbered assets' and in line 120 'Other assets' in Part A that the bank would not deem available for encumbrance in the normal course of its business (e.g. intangible assets, including goodwill, deferred tax assets, property, plant and other fixed assets, derivative assets, reverse repo and stock borrowing receivables); (g) other information that the bank considers relevant for the assessment of its asset encumbrance.
3. The information in Part D shall not include statements relating to the utilisation, or absence thereof, of liquidity assistance from Národná banka Slovenska.
4. The abbreviation 'ABS' refers to own covered bonds and asset-backed securities issued and not yet pledged. 3