Costs and benefits of banking regulation

Published: 14/11/2018

How to find a balance between costs and benefits of the part of banking regulation relating to regulatory reports was the issue addressed at the conference held in Frankfurt on 14 November this year that was attended by Martina Drvar, Croatian National Bank Vicegovernor. At a round table discussion organised for the occasion, Vicegovernor Drvar has noted that supervisors today are better equipped to respond to crises on time, given a broader spectrum of standardised regulatory data that are being collected. Banking operation digitalisation in the future will require a new approach to data collection from the banks which will have to provide for a holistic approach to reporting on bank activities. Over the future period, regulators will aim to produce risk maps based on regulatory reports that would point to concentrations with possible ruinous impact on financial system stability also from the standpoint of the infrastructure used by banks, Vicegovernor Drvar said.