Regulatory Alerts2015-01-01
Decree of Národná banka Slovenska No. 17/2015 on the Own Funds and Exposures of Financial Conglomerates
Národná banka Slovenska issued Decree No. 17/2015 to establish detailed rules for calculating own funds, minimum capital requirements, and exposures for financial conglomerates under the Banking Act. The regulation specifies calculation methodologies, including accounting consolidation and deduction and aggregation methods, while defining risk concentration thresholds for centralized transactions, asset management, and risk management. It further mandates the submission of specific capital and risk reports via the Statistics Collection Portal by prescribed deadlines and enacts relevant European Union legal acts into Slovak law.
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