Statement from the 15th Meeting of the Bank Board of Národná banka Slovenska

The 15th Meeting of the Bank Board of Národná banka Slovenska was held today (26 April 2011) and was chaired by Jozef Makúch, the NBS Governor.

The Bank Board discussed the Report on Economic Development in March 2011, which will be published on the NBS website.

The Bank Board discussed and approved the Decree of Národná banka Slovenska amending Decree No. 6/2009 of Národná banka Slovenska on the submission of statements, reports and other disclosures by banks, branches of foreign banks, investment firms and branches of foreign investment firms for supervision purposes, and on the amendment of Decree No. 26/2008 of Národná banka Slovenska on the submission of statements by banks, branches of foreign banks, investment firms and branches of foreign investment firms for statistical purposes.

The main purpose of this amendment is to bring the original Decree into line with Slovak legislation concerning requirements for the operation of banks and investment firms. It will become effective on 30 May 2011.

The Bank Board discussed and approved the Decree of Národná banka Slovenska amending Decree No. 4/2007 of Národná banka Slovenska on banks’ own funds of financing and banks’ capital requirements and on investment firms’ own funds of financing and investment firms’ capital requirements as amended.

The new Decree provides for consistent and appropriate transposition into Slovak law of several EU Directives regulating requirements for the operation of banks and investment firms. The Decree will become effective on 30 May 2011.

Petra Pauerová
Spokesperson of the NBS

National Bank of Slovakia
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