In practice, experts from the ECB and the other 17 EU national central banks will undertake missions here, hold discussions with their colleagues, try to identify the specificities of your central bank, and build an understanding with you of where and how you would like to achieve progress. Our experts will come as colleagues, not to judge but to support you.
During these nine months, the analysis will cover six areas: 1) supervision of banks; 2) harmonisation of legislation in line with the acquis communautaire under the competence of the NBS; 3) liberalisation of capital movements; 4) conduct of monetary policy and foreign exchange rate regime; 5) monetary, financial and balance of payments statistics; and 6) financial services consumer protection.