Richer nations less likely to have central banks as sole macro-pru authority
Respondents from lower-middle income countries more likely to be only macro-prudential body
Approximately two-fifths of central banks that responded to the Financial Stability Benchmarks 2022 are their jurisdiction’s sole macro-prudential authority.
The likelihood that a jurisdiction will have its central bank as its sole macro-prudential regulator increases as its income level falls.
An overwhelming majority of respondents said their jurisdiction allowed either the central bank or another body to set macro-prudential restrictions on firms or consumers. Some 30 out of 32, or 93.8%
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