Statement from the 37th meeting of the bank board of the NBS

The 37th Meeting of the Bank Board of Narodna banka Slovenska was held on 9 September 2008, chaired by Ivan Sramko, Governor. The Bank Board discussed and approved the Decree of Narodna banka Slovenska on large exposures regarding financial derivatives.

The aim of the submitted Decree is to determine the details on large exposures calculation when investing assets in financial derivatives in mutual fund for the purpose of risk spreading and limitation calculations in accordance with the Act on Collective Investment. The Decree shall become effective on 1 October 2008.

The Bank Board discussed and approved the Decree of Narodna banka Slovenska laying down particulars on application for issuing a licence to issue electronic payment instruments and electronic money in accordance with Article 21d paragraph 1 of the Act No. 510/2002 Coll. on the Payment System and on Amendments and Supplements to Certain Laws.
The Decree stipulates particulars on application for issuing a licence to issue electronic payment instruments and electronic money by persons other than persons which could issue electronic payment instruments and electronic money in accordance with the conditions stipulated by the Act on Payment System in the wording effective before 1 August 2008. The Decree shall become effective on 1 October 2008.

Jana Kováčová
Spokesperson of the NBS

National Bank of Slovakia
Communications Section
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2161,+421-2-5865 2161, +421-2-5787 2166, +421-2-5865 2166
Internet: http://www.nbs.sk

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