Responsibilities and risk management changed at 43% of central banks
Responsibilities modified over last two years required parallel developments in risk management
Around two in five central banks developed their risk management practices as their responsibilities changed, the Risk Management Benchmarks 2022 show.
Central Banking asked 30 officials from central banks whether their central bank's areas of responsibilities had been modified during the past two years, requiring parallel developments in risk management. Forty-three per cent said yes.
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