ISO 31000 and COSO–ERM remain central banks’ leading standards

Central banks from high income countries less likely to use COSO–ERM

Central banks participating in the Risk Management Benchmarks 2024 are most likely to employ two frameworks. 

The most commonly used guideline among participants is the International Organization for Standardization’s ISO 31000. This is followed by the Committee of Sponsoring Organizations of the Treadway Commission enterprise risk management framework (COSO-ERM). 

ISO 31000 is the most widely used standard by central banks regardless of their country’s income level. But central banks from high

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