Slovenia : Technical Assistance Report-Bank Intervention and Resolution and the Deposit Guarantee System

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

October 27, 2015

Electronic Access:

Free Full Text (PDF file size is 778 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Technical Assistance Report assesses the bank resolution framework and deposit guarantee system in Slovenia. There are three necessary requirements for effective bank resolution: (1) a special bank resolution regime, (2) advance preparation for bank intervention and resolution, and (3) an adequately funded Deposit Guarantee Scheme (DGS). Slovenia’s banking law provides for the first, while the recommendation to create a Resolution Unit within Bank of Slovenia has been adopted. The extant DGS, however, is an ex post funded scheme that does not fulfill the third criteria. Slovenia must implement the European Union Deposit Guarantee Scheme Directive into national law, which calls for an ex ante funded DGS.

Series:

Country Report No. 15/292

Subject:

English

Publication Date:

October 27, 2015

ISBN/ISSN:

9781513573427/1934-7685

Stock No:

1SVNEA2015004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

39

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