Risk management units are most often centralised
Operational risks are the most covered area across participating jurisdictions
A small majority of central banks run centralised risk management units, and this is particularly common in middle income jurisdictions, the Risk Management Benchmarks 2024 find.
Two-thirds (66.7%) of the six lower-middle income participating respondents say they have a centralised risk management unit. Among the 14 upper-middle income institutions, 64.3% say they do.
The data, however, returns a different pattern among high income participants – only 46.2% centralise the unit.
In aggregate
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