Financial stability
Charts
Non-bank reform pressure
Despite global efforts to reform the regulation of non-bank, only 44% of central banks think these regulations need to change in their own jurisdiction. The proportion drops to just a third of high income economies, but is higher in middle income countries.
For the full breakdown, use the benchmarking service’s interactive charts to explore the data.
Turkish central bank raises inflation forecast
Central bank points to high services inflation, food prices and rents as reasons for increase
Financial Stability Benchmarks 2023 – executive summary
Key findings of the 2023 benchmark, including resources, regulation, macro-pru, crime and future risk
Financial regulators: one, two, maybe a few?
As Jamaica moves to introduce the ‘twin peaks’ approach to financial oversight, Ben Margulies assesses some of the pros and cons
Financial Stability Benchmarks 2023 report – how central banks confront risk
Central banks discuss resources, regulating banks and non-banks, macro-pru, crime and future risk
Almost all central banks run stress tests on lenders
Most respondents say they conduct tests more than once a year
Housing markets worry high income countries’ central banks
Middle income countries point to inflation and cyber crime as sources of risk
Most central banks say cross-border cyber co-operation is good
Respondents from upper-middle income countries most likely to say co-operation could improve
Most central banks report rise in cyber attacks
Majority say they co-operate well with other agencies on cyber risks
Most central banks say AML/CFT co-operation is good
Small minority of institutions face problems working with domestic or foreign partner agencies
High income countries’ central banks more likely to say AML/CFT risks are rising
Majority of institutions from middle income countries say money laundering risks have not risen
Central banks in high income countries less likely to want NBFI reform
But many central banks in middle income nations want regulatory changes
Bank resolutions averaged 1.8 cases in last decade – central banks
Lower-middle income countries report higher mean number of resolutions