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ČNB board divides competences in a new way

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Czech National Bank (CNB) board approved the new division of its members’ competences effective from April 1, 2015. Governor Miroslav Singer will be responsible for the office and HR sections, as well as the independent internal audit section. Vice-governor Mojmír Hampl will supervise the monetary, regulation, international cooperation on financial market and banking transaction sections. Vice-governor Vladimír Tomšík will be responsible for the financial market supervision and independent financial stability sections. Other bankers from the seven-member board were allocated other competences.

Source: www.cianews.cz

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