Lower income jurisdictions more likely to have sole regulator
Likelihood among respondents that central bank is only banking regulator declines as income rises
Just over half of central banks responding to the Financial Stability Benchmarks 2022 said they have the sole responsibility for regulating their countries’ banking sector.
Some 16 of the 31 central banks that answered a question on this subject, or 51.6%, said they were their jurisdiction’s sole banking supervisor.
Just under half of the institutions (48.4%), or 15 central banks said they do not solely regulate the sector in their countries.
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