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Banking Regulations and Requirements in Slovenia

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Key Takeaways

  • Authorization for Qualified Holdings: The Bank of Slovenia authorizes acquisitions of qualified holdings based on suitability criteria, including good reputation, financial soundness, and no involvement in money laundering.
  • Capital Requirements: Banks must maintain a minimum initial capital of €5 million and comply with the EU’s CRD package (Basel III framework).
  • Reporting and Disclosure: Banks are required to publish annual reports, auditor’s reports, and submit financial statements to the Agency for Public Legal Records and Related Services.
  • Risk Management and Governance: Banks must adhere to organizational requirements, including risk management and internal governance frameworks.

Regulatory Frameworks

The following regulatory frameworks govern banking regulations in Slovenia:

  • Banking Act (ZB): The primary legislation governing banks in Slovenia.
  • Companies Act (ZGD-1): Regulates the operation of companies, including banks.
  • EU’s CRD package (Basel III framework): A set of EU directives that establish common rules for banking supervision and regulation.
  • Regulation 575/2013/EU (CRR): A European Union regulation that sets out capital requirements for credit institutions.

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