The state's role in the financial system
The state is an important player on financial markets. It is a borrower when it takes out loans or issues securities, or a guarantor of certain loans, or the last source of liquidity when the central bank loans liquidity assets to banks and the state.
Moreover, the state is an active trader on financial markets, and a legislative regulator and supervisor of the financial system. There are four competent authorities in Slovenia, namely the Bank of Slovenia, the the Securities Market Agency, the Insurance Supervision Agency and the Office for Money Laundering Prevention. Laws and implementing regulations governing the financial system in Slovenia provide for the secure and transparent operation of the financial system and protect investors.
Slovenian legislation is in compliance with the EU legislation regulating this specific field, the extension of the powers of supervisory bodies and the joint European regulators ESMA, EBA and EIOPA, and a bigger pool of financial instruments.