Most central banks cannot bring criminal charges against banks

But 87.5% of institutions report they can refer these charges to other public institutions

Most central banks worldwide lack the powers to bring criminal charges against the managers of banks and other financial institutions they believe are involved in economic misdemeanours. The Financial Stability Benchmarks 2021 found that just 33% of participating institutions had this capacity.

These anti-corruption tools are more prevalent among central banks in jurisdictions classified as high income by the World Bank. Overall, 38.4% of central banks in these countries reported they can bring

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account