Off-site insurance supervision of the National Bank of Serbia is a high-quality innovation which surely marked this year. Our goal was to find some specific aspects of business of insurance undertakings, which are not of particular interest in standard supervision, but are nonetheless very important for citizens.
Applied to central banks, the underlying message is that we must act as the wheel and ensure momentum by means of our own systems. And to ensure that we do not end up under the wheels, we have to take on the competition. 4  BIS Review 111/2006