![](/sites/default/files/styles/free_crop/public/2023-08/benchmark-banner-RISK-MANAGEMENT-2024.jpg.webp?itok=gBS5hTRx)
![Central Banking](https://www.centralbanking.com/sites/default/files/styles/print_logo/public/2017-03/print-logo.png?itok=_maJqRIT)
Enterprise-wide risk management widespread among central banks
Few institutions maintain use of department-level and damage limitation approaches
Most central banks use an enterprise-wide risk management approach as a safeguarding policy, the Risk Management Benchmarks 2024 show.
Three-quarters (75.8%) of the 33 participating central banks say they use the enterprise-wide philosophy to mitigate risk. Seven (21.2%) respondents say their approach is embedded in departmental decision-making. The dataset has just one institution that operates the damage limitation method. The respondent is an upper-middle income central bank from Europe.
Sta
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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com