Czech National Bank
AI-assisted review of cryptoasset licensing documents
Czech National Bank used AI to check licensing documents while experts retained decisions
Problem
A surge of applications under the EU's MiCA regulation increased the bank's document-review workload. Applications had to meet statutory assessment deadlines.
Approach
The bank used AI tools tested through CNB Lab to check document contents and find inconsistencies or missing information. The tools ran on internal servers. Supervisory staff retained responsibility for granting or refusing licences.
Results
No published figures
Takeaway
The bank reported faster routine checks without transferring licensing authority to AI. It did not quantify the time saved.
Categories
- Industry
- Public sector
- Business function
- Finance, risk and legal
- Innovation type
- Process innovation
- AI technology
- Generative AI
- Adoption
- Off-the-shelf tool or platform
- Evidence
- Company's own claim
Sources
Source summaries
The bank described AI-supported document checks alongside temporary staff reassignment to handle licensing applications. It said the tools operated internally and supported experts, who continued to make licensing decisions.
Full details are in the original sources.