Font size

To magnify the text and elements, you can use:

CTRL + zoom in
CTRL - zoom out

In case of website accessibility problems, please e-mail us to You are also welcome to give us recommendations and feedback regarding your website experience.



The content of the website of the Court of Audit is designed with the purpose to provide universal access to all of the published information – to anyone, at all times, and free of charge. Since the principle of universal access is limited by the health conditions of the users (i.e. visual, motion, hearing, cognitive and linguistic limitations) and technical limitations, we paid special attention to them and tried to adjust the website by considering the following recommendations:

  • font size may be adjusted,
  • key images are equipped with descriptions,
  • there are no moving pictures (GIFs),
  • names of the links are descriptive,
  • videos are mostly subtitled.

The website is optimised for multi-device browsing (computer, tablet, mobile phone) and compatible with different website browsers and software. Recommended is the use of the latest version of website browsers whenever it is possible to provide a better support to the users with disabilities and special needs.Despite the fact that we are aiming to increase the accessibility and usability of our website to the greatest extent possible, all the elements do not provide for the optimisation of the complete accessibility.

Therefore, some published contents do not meet all the demands related to accessibility as defined by the Accessibility of Websites and Mobile Applications Act. Those deficiencies are:

  • we use PDF format for documents:
    • audit reports and other reports with short summaries that are available in text (doc and docx documents) and
    • various presentations (i.e. infographics, posters, manuals);
  • home page provides three elements with scroll box for automatic rotation with limited use of the manual override;
  • photographs and other images are used for visual supplementing of contents related to news and articles; photographs and images are subtitled, include data about source and alternative text, but do not include detailed descriptions or transcriptions of texts, since the adjustment would cause disproportionate burden;
  • schematic presentation of organisational structure of the Court of Audit;
  • documentation of concluded public calls was not adapted, since interference with public procurement documentation of completed public calls is not allowed; when preparing the next public call, we shall follow the standards of accessibility.

Letter of access


Regulating the area of virtual currencies in the Republic of Slovenia

Last change:
16. 4. 2019

Audit data


Audit goal:

To express an opinion on the efficiency of the Ministry of Finance in regulating the area of virtual currencies in the Republic of Slovenia.

Audited period:
From 1.1.2016 until 30.6.2018

Decision no.: 320-1/2018/2
Date: 17. 1. 2018


Efficiency of regulating virtual currencies

The Court of Audit implemented the audit to review whether the Ministry of Finance (hereinafter referred to as: the Ministry) was efficient in regulating virtual currencies in the period from 1 January 2016 to 30 June 2018 (period covered by the audit). The Court of Audit established that the Ministry was proactive in the new and rapidly changing environment of virtual currencies, nevertheless, it could be more efficient.

Virtual currency is defined as a digital representation of value issued by natural or legal person that is not central bank or public institution. It is used as means of exchange, can be transferred, stored or traded electronically and not necessarily attached to a fiat currency and can be accepted by natural or legal persons as means of payment. Virtual currencies are not guaranteed by a state and have the function of the currency only due to an agreement among their users. Virtual currencies in the last several years gained wide range of users and became well recognised and often used, for that reason the Court of Audit decided to undertake the audit to review how the Ministry managed risks related to virtual currencies in the field of money laundering, financing terrorism and taxation.

In the field of money laundering the Ministry proposed identification of liable persons in the area of virtual currencies even before they were identified in the European money laundering directive, nevertheless the definitions of liable persons were not precise enough. Since operations with virtual currencies were not defined in the Slovenian Business Register as a separate category, supervisory bodies did not have at their disposal data on potential liable persons, therefore there were fewer possibilities to monitor and control companies that were engaged in virtual currencies operations.

Office of the Republic of Slovenia for the Prevention of Money Laundering (hereinafter referred to as: the Office), a subordinated body of the Ministry, in the period covered by the audit undertook several activities in the field of virtual currencies and thus had a positive impact on risk management related to money laundering, specifically where exchange of virtual currencies into classical currencies or contrary took place. Nevertheless, in that period the Office did not receive any notices of suspicious transaction from the liable persons and thus did not implement controls at those persons.

According to the Court of Audit opinion the tasks and authorities of those liable and the Office in preventing money laundering and financing terrorism are defined in order to provide for immediate action of all involved and thus contribute to prevention of suspicious transactions  in traditional  currencies also when they are a consequence of suspicious transactions in virtual currencies.

The Ministry did not propose specific regulations on taxation of virtual currencies, nevertheless it provided explanations of existing tax legislation with regard to operations with virtual currencies considering the nature of business within the current legal framework. Financial Administration of the Republic of Slovenia (hereinafter referred to as: FURS), a subordinated body of the Ministry, in cooperation with the Ministry issued several explanations of tax treatment of virtual currency business operations. Providing explanations of tax legislation regarding virtual currency business operations had a positive effect on tax liabilities, but those explanations should be complemented. Taxable persons who failed to report their tax liabilities could be detected by FURS mainly by using analyses of income and expenditure of an individual taxable person and notices, later it could undertake action and implement controls if necessary. By 30 June 2018, FURS charged for at least € 26,685,911 of taxes to taxable persons.

The Republic of Slovenia set a strategic objective in 2018 to become a country of innovative start-ups also by encouraging activities in the field of virtual currencies, namely via smart controls, and the Ministry followed relatively well the objectives related to those controls.

Since virtual currency operations are undertaken in the virtual world and among individuals from different countries, traditional mechanisms of combating money laundering and preventing terrorism financing as well as tax evasions are not as efficient as when reviewing traditional business operations. The Court of Audit estimated that the Ministry’s efforts in combat against money laundering and tax evasions could efficiently continue by promoting coordinated international approach to eliminate possibilities for anonymity when carrying out business operations and by defining reporting on transactions in virtual currencies.

The Court of Audit proposed several recommendations to the Ministry in order to improve its efficiency.