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The Čarnogurský ULC PRO BONO newsletter focuses on new laws and various other legal matters. It is published monthly and provided free of charge.

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Being prepared in Parliament – Amendment to the Act on Securities

Issue: PRO BONO 01/2011

The Government of the Slovak Republic proposes to define and introduce rules for a connected system, i.e. a system comprising two or more payment and risk balancing systems carrying out transaction orders. It also proposes amending the security-of-payment systems and systems balancing risks stemming from eventual insolvency of system users in cases where they are part of the connected system.