Slovakia mulls greater power for central bank in financial supervision
新华社
2014/01/07
Slovak finance ministry has proposed that the National Bank of Slovakia (NBS), or the central bank, should have greater powers in supervising financial market, local media organization TASR reported on Monday.
The NBS should oversee all licenced entities in the financial market in future, including non-bank institutions, according to the proposed strategy for consumer protection which was prepared by the Finance Ministry in co-operation with NBS.
Under the draft, only licenced entities under the supervision of the central bank will be able to provide loans to people.
The strategy also envisages creating a contact point for financial institutions' clients to lodge complaints.
Non-banking institutions are currently under the oversight of the Slovak Trade Inspectorate.
A finance ministry statement said granting NBS greater supervision power will boost the level of protection for consumers.
The proposed strategy also aims to improve out-of-court settlement of disputes between financial institutions and their clients and to increase financial literacy in Slovakia.
Most of these measures will take effect in 2015, with further changes expected in 2016 and 2017. Enditem
The NBS should oversee all licenced entities in the financial market in future, including non-bank institutions, according to the proposed strategy for consumer protection which was prepared by the Finance Ministry in co-operation with NBS.
Under the draft, only licenced entities under the supervision of the central bank will be able to provide loans to people.
The strategy also envisages creating a contact point for financial institutions' clients to lodge complaints.
Non-banking institutions are currently under the oversight of the Slovak Trade Inspectorate.
A finance ministry statement said granting NBS greater supervision power will boost the level of protection for consumers.
The proposed strategy also aims to improve out-of-court settlement of disputes between financial institutions and their clients and to increase financial literacy in Slovakia.
Most of these measures will take effect in 2015, with further changes expected in 2016 and 2017. Enditem