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Risk Management Benchmarks 2022 – executive summary
Insights on risk priorities among central banks and how they are changing
Central Banking’s benchmark data shows that over the last year a majority of central banks (57%) modified their collateral policies, and close to 40% reduced haircuts on banks’ collateral. Risk managers placed reputational risk as the most pressing concern for their central banks, followed by cyber security and credit/counterparty risk.
Nonetheless, in a working-from-home environment, cyber security risks rose the most among the main risks facing central banks globally. In this context, a clear
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