Over half of central banks have payments oversight powers
Networks and international remittance supervision only covered in a few jurisdictions
Just over half of central banks participating in the Payments Benchmarks 2024 have a payments and settlement supervision mandate.
Data provided by 39 central banks shows that 51.3% of respondents have powers to operate, regulate and oversee their countries’ payment systems. The same mandate extends to securities settlement systems and central counterparties. The proportion this year is, however, lower compared with the 60% reported in the 2023 benchmark.
The least-reported payment mandate type is
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