In many cases, the mandate is centralized – sometimes within the central bank, as is the case at the Bank of England, or outside the central bank, as in the United States. Some macroprudential bodies have the power to write regulations; others are limited to monitoring and making recommendations.
Similarly, the number of Automatic Teller Machines has risen from 262 in 2007 to 598 by December 2010. In addition, numerous financial products and customized services have been rolled-out by financial institutions in response to the ever-changing tastes of the clientele.