Statement from the NBS Bank Board’s 23rd meeting of 2021
The Bank Board of Národná banka Slovenska today (23 November) held its 23rd meeting of 2021, chaired by NBS Governor Peter Kažimír.
The Bank Board approved a document entitled “Draft Amendment No 4 to the Agreement to refund the difference between interest income and expenses incurred by the National Bank of Slovakia in relation to the Slovak Republic’s participation in the management of Special Drawing Rights (SDRs) and to refund the total interest differential incurred by the NBS from SDR operations with the IMF”.
The Bank Board approved the Statutes of the Regulatory Sandbox Committee. The Committee is a new NBS body that will take decisions on matters relating to the operation of the regulatory sandbox. The Committee’s establishment is a prerequisite for the launch of the regulatory sandbox on 1 January 2022. The NBS regulatory sandbox is a platform that will help participants, via consultations with the Bank, to make their financial innovation products compliant with legislation on matters falling within the Bank’s competence and to test the implementation of these products in the Slovak financial market in accordance with their testing plans.
The Bank Board approved Addendum No 45 to the Organisational Rules of Národná banka Slovenska (No 87/2006), as amended. The Addendum incorporates the Regulatory Sandbox Committee into the Organisational Rules and specifies which organisational units will be participating in the regulatory sandbox’s activities. The Addendum’s approval is a prerequisite for the launch of the regulatory sandbox on 1 January 2022.
The Bank Board approved the Bank’s November 2021 Financial Stability Report, whose Slovak version will be published on the NBS website at the end of November.
National Bank of Slovakia
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