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UK’s Orange Book risk approach rarely used by central banks

Only three centralised risk management departments utilise principle

The UK’s Orange Book is the least common approach found among central banks, data from the Risk Management Benchmarks 2026 shows.

Only three or 7% of 43 central banks make use of the principles. The framework has consistently occupied the lowest rung of the ladder over past years of benchmark data. Just 9.1% and 9.5% of respondents indicated use of the principles in the 2024 and 2025 benchmarks, respectively.

The most common risk management frameworks among central banks are the International

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