Regulation on the application of EBA Guidelines on criteria for the use of data inputs in the risk-measurement model

THIS TEXT IS UNOFFICIAL TRANSLATION AND MAY NOT BE USED AS A BASIS FOR SOLVING ANY DISPUTE  Official Gazette of the Republic of Slovenia, No. 162/21 of 8 October 2021 (in force since 1 January 2021) Pursuant to the third paragraph of Article 13 of the Banking Act (Official Gazette of the Republic of Slovenia, Nos. 92/21 and 123/21 [ZBNIP]; hereinafter: the ZBan-3), and the first paragraph of
Article 31 of the Bank of Slovenia Act (Official Gazette of the Republic of Slovenia, Nos. 72/06
[official consolidated version], 59/11 and 55/17), the Governing Board of Bank of Slovenia hereby issues the following REGULATION on the application of the Guidelines on criteria for the use of data inputs in the risk￾measurement model referred to in Article 325bc of Regulation (EU) No 575/2013
Article 1
(purpose and field of application of guidelines) (1) Pursuant to Article 16(1) 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), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331 of 15 December 2010, p 12; hereinafter: Regulation (EU) No 1093/2010), on 13 July 2021 the European Banking Authority published the Guidelines on criteria for the use of data inputs in the risk￾measurement model referred to in Article 325bc of Regulation (EU) No 575/2013 (EBA/GL/2021/07; hereinafter: the guidelines) on its website. (2) The guidelines specify criteria for the use of data inputs in the risk-measurement model referred to in Article 325bc in accordance with Article 325bh(3) 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 176 of 27 June 2013, p 1; hereinafter: Regulation (EU) No 575/2013). The guidelines apply in relation to the permission for institutions to use alternative internal models in accordance with Chapter 1 of Title IV of Part Three of Regulation (EU) No 575/2013, and in particular to compliance with the requirements set out in Article 325bh of the aforementioned regulation. (3) The guidelines are addressed to:
1. financial institutions referred to in Article 4(1) of Regulation (EU) No 1093/2010; and
2. competent authorities referred to in points (i) to (iv) of Article 4(2) of Regulation (EU) No
1093/2010.
Article 2
(content of regulation and scope of application of guidelines) (1) By virtue of this regulation Bank of Slovenia sets out the application of the guidelines and all their future amendments, unless stipulated otherwise by Bank of Slovenia in respect of a particular amendment to the guidelines, to:
1. banks and savings banks for whose supervision Bank of Slovenia is responsible in accordance
with the 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 287 of 29 October 2013, p 63) (hereinafter: banks); and

THIS TEXT IS UNOFFICIAL TRANSLATION AND MAY NOT BE USED AS A BASIS FOR SOLVING ANY DISPUTE
2. Bank of Slovenia, when in accordance with the ZBan-3 in its role as the competent authority it
is exercising supervisory powers and tasks over banks referred to in point 1 of this paragraph. (2) Banks referred to in point 1 of the first paragraph of this article shall take full account of the provisions of the guidelines in the parts addressed to banks. (3) In exercising its supervisory powers and tasks in accordance with the ZBan-3 and Regulation (EU) No 575/2013, Bank of Slovenia shall take full account of the provisions of the guidelines in the parts relating to the exercise of the powers and tasks of the competent authority.
Article 3
(entry into force)
This regulation shall enter into force on 1 January 2022.
Ljubljana, 28 September 2021
Boštjan Vasle
President,
Governing Board of
Bank of Slovenia