Statement from the 18th meeting of the Bank Board of Národná banka Slovenska

The Bank Board of Národná banka Slovenska today (20 October) held its 18th meeting of 2015, chaired by Jozef Makúch, the NBS Governor.

The Bank Board approved a Decree of Národná banka Slovenska laying down a template for key terms and conditions of insurance contracts.

The Bank Board approved a Decree of Národná banka Slovenska laying down how insurance undertakings subject to a special regime are to determine the value of securities and real estate used to cover their technical provisions.

The Bank Board approved a Decree of Národná banka Slovenska amending Decree No 16/2014 of Národná banka Slovenska on disclosure by banks and branches of foreign banks.

The purpose of this amending Decree is to ensure the application of the European Banking Authority’s Guidelines on disclosure of encumbered and unencumbered assets, through the disclosure templates for asset encumbrance contained in a separate annex.

The Decree will enter into force on 1 December 2015.

The NBS approved the “Quarterly commentary on macroprudential policy – October 2015”.

The Bank Board decided to set the countercyclical capital buffer rate at 0 %.

Jana Kováčová
vedúca tlačového a edičného oddelenia

National Bank of Slovakia
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