The Slovenia Securities Market Agency has issued technical guidance setting minimum information system requirements for providers of Individual Investment Accounts (INR) and published functional and technical specifications for the electronic reporting system used by all INR providers. The materials are presented as an implementation aid, particularly for prospective providers from other EU member states that must demonstrate compliance before being entered in the INR providers register. Under the Individual Investment Accounts Act (ZINR), providers must establish and maintain an information system that supports lawful and uninterrupted operation of INR, reliable record-keeping, reporting and electronic data exchange with the Agency, and effective supervision. The system must be able to generate regular and ad hoc reports within the deadlines, scope and structure specified by the Agency, export data on request, and enable reporting to the Financial Administration of the Republic of Slovenia. For reporting and electronic data exchange with the Agency to be treated as established, a provider must obtain an authentication element and an encryption key for reports under the functional reporting specification and submit at least one report in the test environment; the Agency also issued a specification for non-numerical reporting under ZINR.

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