Tools of supervisory regulation

MNB performs its supervisory and consumer protection tasks according to Act CXXXIX of 2013 on the Magyar Nemzeti Bank, EU legislation, Hungarian sector-specific laws, government regulations and other legislation. Based on experiences, there is a need for other supervisory tools beyond these regulatory tools. These supervisory tools can help, inform and guide the supervised institutions in connection with the supervisory interpretation of the legislation and the expectations of the MNB.

These tools can be recommendations, the CEO letters and the supervisory guidance.

Recommendation (Please note that all of our recommendations are available in Hungarian on this link.)

Supervisory guidance

Information on the conditions of providing services in the territory of Hungary (general good)

The Internal Capital Adequacy Assessment Process (ICAAP), the Internal Liquidity Adequacy Assessment Process (ILAAP) and their supervisory review, and the Business Model Analysis (BMA)

ICAAP-ILAAP-BMA manual February 2025 ICAAP-ILAAP-BMA annex 1 Supervisory responses to the revealed deficiencies at small institutions ICAAP-ILAAP-BMA annex 4 High risk portfolios december 2023 ICAAP-ILAAP-BMA annex 5 High risk portfolios ICAAP-ILAAP-BMA annex 6 Internal model requested to be used for the calculation of the exchange rate risk description december 2023 ICAAP-ILAAP-BMA annex 6 Internal model requested to be used for the calculation of the exchange rate risk EN december 2023 ICAAP-ILAAP-BMA annex 7 SREP overview sheet bank december 2023 ICAAP-ILAAP-BMA annex 8a SREP questionnaire investment firms business model 2021 ICAAP-ILAAP-BMA annex 8c SREP questionnaire investment firms capital calculation 2021 ICAAP-ILAAP-BMA annex 8b SREP questionnaire investment firms business model 2021 ICAAP-ILAAP-BMA annex 9 SREP overview sheet investment firms 2021 ICAAP-ILAAP-BMA annex 10 ILAAP priorities december 2023 ICAAP-ILAAP-BMA annex 11 Unstable funds december 2023 ICAAP-ILAAP-BMA annex 12 Unstable funds ICAAP-ILAAP-BMA annex 13 List of operational risk KRI’s and scenarios ICAAP-ILAAP-BMA annex 14 Green corporate and municipal preferential cap requirement december 2023 ICAAP-ILAAP-BMA annex 15 diversification effect calculator for EVE sensitivity december 2023 ICAAP-ILAAP-BMA annex 15 diversification effect calculator for INC sensitivity december 2023

Vissza a tetejére

The primary objective of the MNB shall be to achieve and maintain price stability. (...) Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the system of financial intermediation, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the government’s economic policy and its policy related to environmental sustainability, using instruments at its disposal.

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