The National Bank of Slovakia’s Bank Board approved a decree amending the methods and procedures for determining the asset value of pension funds and supplementary pension funds, updating the framework to reflect the introduction of an investment category for shares or units of alternative investment funds under Act No 76/2025. The decree takes effect on 1 January 2026. The amendments are intended to comprehensively regulate how shares or units of alternative investment funds are valued and to update valuation methods based on practical experience, taking into account international standards for valuing transferable securities admitted to trading on a regulated market. In the macroprudential area, the Bank Board approved the December 2025 Macroprudential Commentary for publication and decided to keep the countercyclical capital buffer rate unchanged. The Bank Board also approved the National Bank of Slovakia’s 2026 budget and took note of the Winter 2025 Economic and Monetary Developments report, which was presented at a press conference and published on the Bank’s website.
National Bank of Slovakia 2025-12-22
National Bank of Slovakia amends pension fund asset valuation rules to cover alternative investment fund units and keeps the countercyclical capital buffer unchanged
The National Bank of Slovakia's Bank Board approved a decree amending valuation methods for pension funds, incorporating an investment category for alternative investment funds under Act No 76/2025, effective 1 January 2026. The Board also maintained the countercyclical capital buffer rate and approved the 2026 budget. Additionally, the December 2025 Macroprudential Commentary and Winter 2025 Economic and Monetary Developments report were released.