Czech National Bank reorganises supervision department

Bank says it will increase staffing of revamped division

cnb
The Czech National Bank

The Czech National Bank (CNB) has reorganised one of its supervision departments following a decision by the bank's board, it announced yesterday (February 28).

The CNB's "supervision department II" will be renamed the "financial market supervision department II". The CNB said it was also increasing the department's staffing and making "changes in the performance of some supervisory activities".

The reorganisation aims to make the bank's supervisory activities more effective, and bring them in

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