Here is the article in markdown format:
Banking Regulations and Requirements in Slovenia
=====================================================
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.
If you have any further questions or would like me to clarify specific points, please don’t hesitate to ask.