Tasks
- Ensures the continuous supervision of credit institutions and credit unions, identifying the existing and potential problems in their activity and in the sectors of credit institutions and credit unions overall in a timely manner.
- Coordinates the most essential off-site supervision processes.
- Ensures collaboration with the Single Supervisory Mechanism of the European Central Bank on the matters of credit institution supervision.
- Implements appropriate supervision measures to prevent problems, including in order to facilitate the maximum protection of the interests of depositors and investors and the development and stability of the financial market.
- Manages the crisis management process of credit institutions and credit unions.
Structure of the department
Ongoing Supervision Division
Ensures continuous supervision of less significant credit institutions and, in collaboration with the European Central Bank, the significant credit institutions including the assessment of the business models and internal governance of credit institutions, the integration of the assessments prepared by the Risk Experts Division with regard to the risks inherent in the credit institutions and the quality of their management, liquidity and capital adequacy as well as the implementation of the necessary administrative and supervision measures to identify and solve problems in a timely manner.
Risk Experts Division
Ensures the assessment of the risks and the quality of their management, liquidity and capital adequacy for less significant credit institutions, credit unions and, in collaboration with the European Central Bank, the significant credit institutions as well as for the sector as a whole, including the implementation of horizontal supervision measures, and ensures ongoing supervision of credit institutions and credit unions in liquidation, including the implementation of the necessary administrative and supervision measures to identify and solve problems in a timely manner.