On Nov. 19, SLK CB issued statement from 21st bank board meeting.
SLK CB issued statement from its 21st Bank Board meeting, chaired by Peter Kazimír.
SLK CB Board made decisions on certain publications, statements and reports.
Follows SLK CB Jun. 2024, issued financial stability report for 2024, see #214906.
Risk Management and DORA
Board approved a measure amending Decree 4/2015 of SLK CB of Mar. 31, 2015 on other types of risks, and details of the risk management system in banking sector.
Specifically, of a bank and a branch of a foreign bank, and specifying what is meant by a sudden and unexpected change in interest rates on the market.
The measure responds to the adoption of Digital Operational Resilience Act (DORA).
This ensures digital operational resilience of the financial sector, including banking.
Requires banks and branches of foreign banks to develop and apply specific plans in areas of information and communication technologies to ensure business continuity.
In terms of business continuity response and recovery plans, as per DORA.
Effectiveness
SLK CB's measure enters into force on Jan. 17, 2025.
Regulators
SLK CB
Entity Types
Bank
Reference
Mt, PR, 11/19/2024; DORA Dir 2022/2556, Reg 2022/2554
