trending Market Intelligence /marketintelligence/en/news-insights/trending/RsManrxAyhFgDnteQ5fUBA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Slovenian central bank refers bank bail-in repayments law to top court

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Slovenian central bank refers bank bail-in repayments law to top court

The Slovenian central bank lodged an application with the country's Constitutional Court to assess the recently approved law obliging it to cover all potential repayments to those who lost their investments during the 2013 rescue of Slovenian lenders.

Banka Slovenije said the law breaches the fundamental principles of the functioning of the central bank, as set out by the constitution and by EU law, including the ban on monetary financing, under which funds at the central bank's disposal cannot be used to finance tasks that are not tasks of the central bank. "The generally accepted view in the EU is that bank resolution is not a task of the central bank," the regulator noted.

The law also says that compensation to investors should be paid from the central bank's future earnings and from existing general reserves, which limits the regulator's independence, Banka Slovenije said.

The central bank also wants the court to review certain procedural rules envisaged in the law, which according to the regulator do not provide for effective judicial relief, place it in an inferior position, encroach on the competences of EU institutions, and contravene the rules on the protection of confidential supervisory information applying in the EU.

The Slovenian parliament passed the bank bail-in repayment law for the second time in November 2019, overriding an earlier veto of its upper house.

The central bank had pointed to the alleged unconstitutionality of the law several times before it was passed, but the Slovenian finance ministry has been of an opinion the legislation is in line with a 2016 Constitutional Court ruling that called on parliament to provide more legal protection for investors who lost assets during the 2013 bank rescue.