Few central banks lack risk management strategies
Two respondents do not have a risk strategy and slightly more lack a defined risk tolerance
The vast majority of central banks have a risk management strategy and defined risk tolerance in place, the Risk Management Benchmarks 2024 show.
Risk management strategies are active in 31 (93.9%) of the 33 participating institutions, but two central banks (6.1%) lack the mechanism.
Risk tolerance is defined in 28 (84.8%) of 33 central banks. However, slightly more than a tenth (15.2%) of the respondents say they lack a defined tolerance.
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