Tell me

What are virtual currencies?

What is the banking union?

What is the Single Supervisory Mechanism?

What makes a bank a significant institution?

What are less significant institutions?

Why is Croatia establishing close cooperation with the European Central Bank?

What does entering into close cooperation with the ECB mean for the supervision of Croatian banks?

What is the role of Joint Supervisory Teams?

What is the Supervisory Review and Evaluation Process (SREP)?

What powers does the Croatian National Bank retain in banking supervision relative to the European Central Bank?

What does the ECB issue supervisory decisions on?

How are supervisory decisions adopted under the Single Supervisory Mechanism?

How are supervisory decisions adopted in Croatia?

How are supervisory decisions relating to Croatian banks adopted during close cooperation with the ECB?

What is the comprehensive assessment and why is it carried out?

Who is responsible for conducting the comprehensive assessment, the ECB or the CNB?

What is the timeline and scope of the comprehensive assessment in Croatia?

What is the connection between Croatia’s preparations for ERM II entry, establishment of supervisory close cooperation with the ECB and Croatia joining the Single Resolution Mechanism?

What is the Single Resolution Mechanism?

What are the benefits of the SRM in relation to national resolution mechanisms?

What is the role of the Single Resolution Board (SRB)?

Which credit institutions headquartered in Croatia will the SRB be directly responsible for and what does that imply?

How are decisions taken in the SRB?

What are the roles of the Croatian national resolution authorities in the SRM?

What changes will joining the SRM bring to credit institutions and what to national resolution authorities, i.e. the CNB?