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NBS Tasks
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Publications
- Activity Report of the NBS Innovation Hub Annual Report Economic and Monetary Developments Financial Stability Report Investment Policy Statement of the National Bank of Slovakia Macroprudential Commentary Policy Briefs
- Report on the Activities of the Financial Market Supervision Unit Research Papers: Working and Occasional Papers (WP/OP) Statistical Bulletin Structural Challenges Other publications Sign up for your email notifications about publications
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For the public
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- About the Bank
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Publications
- Activity Report of the NBS Innovation Hub Annual Report Economic and Monetary Developments Financial Stability Report Macroprudential Commentary
- Report on the Activities of the Financial Market Supervision Unit Statistical Bulletin Other publications Sign up for your email notifications about publications
- Frequently asked questions
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EU framework
The European Systemic Risk Board (ESRB)
The European Systemic Risk Board (ESRB) was created on 16 December 2010 as part of the implementation of macroprudential policy at the European level. The ESRB’s mission is to contribute to the prevention or mitigation of systemic risks to financial stability in the Union that arise from developments within the financial system and taking into account macroeconomic developments, so as to avoid periods of widespread financial distress.
The ESRB influences macroprudential policy in the EU primarily by issuing recommendations and warnings, regarding either the policy implementation framework itself, or identified systemic risks. A role of the ESRB is also to issue opinions regarding instruments implemented at the national level, and in which it assesses the possible cross-border impacts of these instruments.
The European Central Bank (ECB)
The implementation of macroprudential policy in Slovakia is to a large degree influenced by Slovakia’s participation in the Single Supervisory Mechanism (SSM). Under the SSM Regulation, the implementation of macroprudential policy is shared between national authorities and the ECB. ECB decisions on macroprudential policy may only increase requirements, above the framework of national authorities’ decisions.
More detailed information on macroprudential policy in the EU is available here or on the ESRB website.