Financial Stability Benchmarks 2024 – model banks analysis
Further breakdowns of the data highlight patterns in governance, regulatory reform and cyber risk
Financial stability is critical to central banking, even if some powers reside with other regulators. A stable financial system is a necessary precondition for monetary policy to be effective and trust in money to be secure.
That said, the average central bank operates with a relatively lean financial stability team, and the size of the team declines sharply at lower levels of national income. This could also reflect the country’s financial development and therefore the scale of the banking
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