Custodian use in upper-middle income economies declines

Unstable jurisdictions face risk of losing access to assets held abroad

The use of custodians by reserve managers in upper-middle income countries declined over the last year.

While generally, the use of custodians across central banks has remained stable, over the last year the average number of custodians used by central banks in upper-middle income countries fell from 4.5 to 3.3, according to Reserve Benchmarks 2021. 

As reserve levels around the world hit an all-time high, benefits of private custodians safeguarding assets can include data technology and

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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 here: