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Commission Report 2002 (Slovakia)
Alignment and implementation of directives on financial services
legislation has made good progress. Slovakia's legislation is in line
with the relevant banking acquis; the implementation of EC rules in the field
of investment services and securities markets has further advanced but is not
yet completed. However, further progress in the insurance sector is needed,
in terms of legislative alignment and administrative capacity, including
hiring more staff in 2002 as foreseen by the Action Plan. The overall
framework for the supervision of financial services has been strengthened. As
foreseen in the Action Plan, the administrative capacity of the data
protection office has been strengthened with 4 new lawyers in 2002. The
Accession Partnership priorities in the field of free movement of services
have been partially met. Implementation of the measures under the Action Plan
is largely on track.
© European Commission; last modified 2003-05-22
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