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Statement from the 9th meeting of the Bank Board of Národná banka Slovenska

The 9th meeting of the Bank Board of Národná banka Slovenska was held today (15 April 2014) and was chaired by Jozef Makúch, the NBS Governor.

The Bank Board approved a Decree of Národná banka Slovenska on the own funds of financial conglomerates and the methods for calculating capital adequacy at the financial conglomerate level in accordance with the Insurance Act.

The Bank Board approved a Decree of Národná banka Slovenska on the elements of applications for prior approval of Národná banka Slovenska made under Act No 650/2004 Coll. on the supplementary pension scheme (including amendments to certain laws).
The Decree follows the entry into force of extensive amendments to the Supplementary Pension Scheme Act (No 650/2004 Coll.) as amended, introduced by Act No 318/2013 Coll.; the purpose of the Decree is to stipulate, specify and, in the context of the above-mentioned amendments, update the elements of an application for NBS’s prior approval made in accordance with Article 26(1) of the amended Act No 650/2004 Coll. The Decree will enter into force on 1 May 2014.

The Bank Board approved a Decree of Národná banka Slovenska on how to demonstrate compliance with the conditions for the issue of an authorisation to establish and operate a supplementary pension management company.
The Decree follows the entry into force of extensive amendments to the Supplementary Pension Scheme Act (No 650/2004 Coll.) as amended, introduced by Act No 318/2013 Coll.; the purpose of the Decree is to stipulate, specify and, in the context of the above-mentioned amendments, update the method of demonstrating compliance with the authorisation issuance conditions laid down in Article 23(1) of the amended Act No 650/2004 Coll. The Decree will enter into force on 1 May 2014.

The Bank Board approved theReport on the activities of the Financial Market Supervision Unit of Národná banka Slovenska for 2013‘.

The Bank Board approved theAnalysis of the Slovak Financial Sector for 2013‘.

Martina Solčányiová
NBS Spokesperson

National Bank of Slovakia
Press and Editorial Section
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Tel.: +421-2-5787 2142, +421-2-5865 2142, +421-2-5787 2169, +421-2-5865 2169
Internet: http://www.nbs.sk

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