Sector: TelecommunicationTelecommunicationsThe testing of the telephone network infrastructure (i.e. telephone exchanges and transmission devices) will be finished until September 30. The same is valid for testing the information system of the Slovak Telecommunication (ST) company. The testing of all broadcasting devices and of the infrastructure for providing services for the internet has been successfully concluded. The testing of the invoicing system for telecommunication services will be finished until October 31st. Final plans for emergency situations are supposed to be prepared by the end of October 1999. ST do not expect any failure of telecommunication services in any location. The Y2k compliance project of the ST was audited by Arthur Andersen company. Postal servicesAll key devices and countrywide applications were or are being tested for a reliable rollover into year 2000. The testing is to be finished until the end of September. Based on the tests results contingency plans will be elaborated until the end of October 1999. |
Sector: WaterThe final report concluding the negotiations of Ministry of Agriculture and the water supply companies (companies of waterworks and canalisation and Slovak Management of Water Supplies) in May 1999 made it clear that there is no assumption that any difficulties in water supply could arise due to the Y2k. Water supply is not dependent only on a computerised control systems, the whole process can be controlled also by not computerised devices. No emergency situations in agriculture in water supply are expected. All companies in charge of water supply do have alternative possibilities of water supply. |
Sector: FinanceA special project is running at the National Bank of Slovakia (NBS). The schedule of the project foresees that all date-dependent technologies will be Y2k compliant at the latest by September 1999. In order to provide a safe payment settlement, all national and international settlement systems are tested. The international settlement system SWIFT declares it’s compatibility with the Y2k and recommended to all it’s members - administrators of settlements some technical solutions for the adoption of Y2k solutions. The implementation was done by the National Bank of Slovakia in the first quarter of 1999 and tests did not discover any problems in that area. The national payment settlement system is provided by the Bankové Zúčtovacie Centrum Slovenska a. s. (the Slovak Clearing Centre, a joint stock company). The Company has finished the testing period of the Slovak banks by the end of June 1999 and compliance with the Y2k was established by the end of July 1999. In the third quarter of 1999 an audit by an international company will take place to check the national settlement system for Y2k compliance. The compliance with the Y2k of ATMs lies in the responsibility of the Autorizačné Centrum Slovenska, (the Authorisation Centre of Slovakia, a joint stock Company founded by commercial banks in Slovakia). The ACS declares officially full safe operation of plastic cards and ATMs from the first January of 2000. The compliance with the Y2k in commercial banks and subsidiaries of foreign banks in Slovakia is supervised by the by Bank Supervision of the National Bank of Slovakia. The Y2k compliance of the banks is also supervised by the meetings of the Asociácia Bánk (the Banks’ Association) on regular meetings. A special task force for the millennium date change was established by the banks. |