Statement from the 39th Meeting of the Bank Board of Národná banka Slovenska

29. 11. 2011 | Press Release of the NBS

The 39th Meeting of the Bank Board of Národná banka Slovenska was held today (29 November 2011) and was chaired by Jozef Makúch, the NBS Governor.

The Bank Board discussed the Report on Economic Development for September 2011, which will be published on the NBS website as the Monthly Bulletin of NBS.

The Bank Board discussed the Financial Stability Report for the First Half 2010. The report evaluates the most important factors affecting domestic financial stability in the first half of 2011 and the outlook for the following period. The Report will be published on the NBS website.

The Bank Board approved the announcement on the issue of a €20 silver collector coin featuring the historical preservation area of Trenčín.

This euro collector coin, weighing 33.63 grams and measuring 40 millimetres in diameter, will be produced by the Kremnica Mint from an alloy containing 925 parts silver and 75 parts copper. The coin's obverse side was designed by Karol Ličko and its reverse side by Miroslav Rónai. It is due to go on sale in March 2012.

The Bank Board approved the NBS Decree amending NBS Decree No 16/2010 on disclosures by investment firms and branches of foreign investment firms.

The Decree will bring the area of disclosures by investment firms and branches of foreign investment firms into line with a new amendment of Act No 566/2001 Coll. on securities and investment services and on amendments to certain laws (the Securities Act), as amended; the purpose of the amendment is to transpose Directive 2010/76/EU of 24 November 2010 amending Directives 2006/48/EC and 2006/49/EC, as regards capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies.

The Decree will enter into force on 31 May 2012.

The Bank Board approved the NBS Decree amending NBS Decree No 15/2010 on disclosures by banks and branches of foreign banks.

The Decree will bring the area of disclosures by banks and branches of foreign banks into line with a new amendment of Act No 483/2001 Coll. on Banks and on amendments to certain laws, as amended; the purpose of the amendment is to transpose Directive 2010/76/EU of 24 November 2010 amending Directives 2006/48/EC and 2006/49/EC, as regards capital requirements for the trading book and for re-securitisations, and the supervisory review of remuneration policies.

The Decree will enter into force on 31 January 2012.

The Bank Board approved the document entitled "Update of the Memorandum of Understanding between Národná banka Slovenska and the Malta Financial Services Authority".

 

Petra Pauerová
NBS Spokesperson

 

National Bank of Slovakia
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