Statement from the NBS Bank Board’s 24th meeting of 2022
On 19 December the Bank Board of Národná banka Slovenska held its 24th meeting of 2022, chaired by NBS Governor Peter Kažimír.
The Bank Board discussed and approved a Decree of Národná banka Slovenska on the provision of information to Národná banka Slovenska by providers of the pan-European personal pension product.
The Decree applies to providers of the pan-European personal pension product (PEPP) that are financial institutions as defined in Article 6(1) of Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European Personal Pension Product (PEPP).
The Decree specifies the technical means by which information is to be produced and provided to Národná banka Slovenska; the templates, content, scope, formats, reference dates, and dates of such reporting are laid down separately by EU law.
In addition, the Decree lays down details about the PEPP supervisory report that PEPP providers are to produce and submit to Národná banka Slovenska in accordance with guidelines issued by the European Insurance and Occupational Pensions Authority (EIOPA).
The Decree will ensure the common, uniform and consistent provision of information and reports to Národná banka Slovenska for the purpose of meeting the EU-wide harmonised obligations of PEPP providers.
The Decree takes effect on 31 December 2022.
The Bank Board discussed and approved a Decree of Národná banka Slovenska repealing Decree No 14/2011 of Národná banka Slovenska of 15 November 2011 laying down certain details concerning the authorisation of payment institutions and electronic money institutions.
Decree No 14/2011 is to be repealed on grounds of being duplicative with the European Banking Authority’s Guidelines on the information to be provided for the authorisation of payment institutions and e-money institutions and for the registration of account information service providers (EBA/GL/2017/09), issued pursuant to Article 5(5) of Directive (EU) 2015/2366 (PSD2). Since the issuance of these guidelines harmonised the authorisation and registration requirements for the institutions concerned, Decree No 14/2011 has lost its justification, a fact further borne out by its actual application.
The Decree takes effect on 31 December 2022.
The Bank Board took note of the Bank’s Winter 2022 Economic and Monetary Developments report, which was later presented at a press conference and published on the Bank’s website.
The Bank Board assessed the extent of risks of a cyclical nature and approved the Bank’s December 2022 Macroprudential Commentary, which was published on the Bank’s website.
The Bank Board discussed and approved the 2023 Budget of Národná banka Slovenska.
National Bank of Slovakia
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