The update describes enforcement action by the NBS against an investment firm (U.P. o.c.p., a.s.) involving licence revocation, fines, and liquidation proceedings, which constitutes a severe enforcement measure.
Low confidence — requires human review. While the enforcement action may indirectly affect client funds and settlement obligations, the update does not explicitly indicate payment services involvement beyond general investment services.
Specialism
The National Bank of Slovakia explicitly revoked the investment services licence of a named securities trading company, which is a permanent withdrawal of authorisation and the most severe enforcement measure available.
The update references a record €250,000 fine imposed prior to the licence revocation, indicating a financial penalty enforcement action that preceded the revocation.
2026-04-16 07:56:13·arahman@vixio.com
Meta Id
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Content ID
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GUID
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Národná banka Slovenska (NBS) je centrálnou bankou Slovenska.
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TITLE: Slovakia's National Bank Revokes Securities Trading Licence for U.P. o.c.p., a.s.
BODY:
On April 15, 2026, the National Bank of Slovakia (NBS) revoked the investment services licence of U.P. o.c.p., a.s., a securities trading company. Following the licence revocation, the company is prohibited from providing investment services and may only undertake actions necessary to settle its obligations and claims.
The licence revocation represents the most severe enforcement measure available to the NBS and is applied only in the most serious cases. Prior to this action, the NBS conducted continuous and rigorous supervision of the company, which included issuing a record fine of €250,000—the highest penalty ever imposed on a securities trader under NBS supervision. The NBS has also coordinated with other authorities, including those involved in criminal proceedings. The specific details of the supervisory actions cannot be disclosed as supervision is confidential under Slovak law.
Following the licence revocation, the NBS submitted a proposal to the court for the appointment of a liquidator for the company. The Municipal Court Bratislava III will decide on the liquidator's appointment. Once appointed, the liquidator will assume management of the company and manage the settlement of relationships with clients and creditors. Potential compensation payments from the Investment Guarantee Fund depend on compliance with statutory conditions. The NBS will provide further updates on developments within the scope permitted by applicable legislation. Clients seeking guidance are advised to consult financial or legal professionals to assess their individual circumstances.