Central bank boards often used for stability decisions

Institutions from high income countries most likely to give stability remit to boards

Boards are the body most likely to have responsibility for financial stability decisions, responders to the Financial Stability Benchmarks 2022 said.

Some 14 out of 32 responding central banks (44%) said these decisions are taken by their boards. Another seven responders (22%) said their “policy committee” take financial stability decisions. Six other responders (19%) said the “governor with advisers” are responsible for such policy choices, while five central banks (16%) opted for “other”.

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