CNB’s Miroslav Singer on transparency, China and Basel III


The Czech National Bank (CNB) has a strong reputation for transparency. What is your philosophy when it comes to transparency?

It is important to consider the audience. For the CNB there are three key stakeholders that we consider. The first group involves parties that are needed to set market interest rates and exchange rates. With them, we try to be as transparent as possible, as transparency helps the market understand what we want to achieve. This, in turn, helps us shape expectations and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: