The views and opinions expressed are those of the author and do not necessarily reflect the official policy or position of the CNB
Central bank digital currency (hereinafter: CBDC) has become one of the most popular economic topics among central banks, international institutions, the academic community and market participants in recent years. However, though many central banks are exploring or testing the CBDC, there is still no CBDC in practice.
The factsheet "Key tips to protect yourself when choosing online or mobile banking services" provides recommendations on actual steps consumers should take when concluding an agreement for a particular online or mobile banking service.
Deputy Governor Švaljek participated in a round table discussing the need to attain adequate balance between innovations in the financial sector and the management of risks arising from digital transformation.
The EU's financial regulations should meet the so-called 3F criteria: be fair, flexible and forward-looking, said Martina Drvar, the Vicegovernor of the Croatian National Bank, at the panel discussion on the future of financial sector regulations.
The Croatian National Bank carries out the licensing process for the purpose of issuing authorisations for the provision of payment services, the issuance of electronic money, the operation of the payment system, the conduct of exchange transactions by authorised exchange offices and the entry in the relevant register kept with the Croatian National Bank.
Licensing is a part of supervision of credit institutions which consists of issuing authorisations and approvals for the operation of credit institutions and credit unions.