Press release from the meeting of the Governing Board of the Bank of Slovenia of 3 November 2009

1. At today’s meeting the Governing Board of the Bank of Slovenia was briefed on current economic and financial developments, and approved the release of the October 2009 Economic and Financial Developments. 

2. The Governing Board of the Bank of Slovenia was also briefed on current banking operations and developments on the capital markets. 

3. The Governing Board of the Bank of Slovenia adopted the Regulation on the Performance of Foreign Exchange Transactions, representing harmonisation with amendments to the Foreign Exchange Act (the ZDP-2A). On the basis of the ZDP-2A, the contractual relationship between a foreign exchange office and a bank is abolished, as is the responsibility of the bank to carry out supervision of its contracted exchange offices. The Bank of Slovenia will be responsible for the licensing and supervision of foreign exchange operations.