Managing compliance and operational risk

Compliance in a central bank is something of a paradox since many compliance issues are typically customer-related - and central banks have very few customers, apart from the area of banknotes and coins. Furthermore central banks are not subject to supervision. However, this does not mean we are exempt from legislation, rules and standards. Moreover, central banks are generally expected to attach great importance to best practice regarding such legislation, rules and standards.

The purpose of

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: