While national and international regulatory agencies deal with the operationalization of this concept, with respect to both indicators and mitigation measures, some broad understanding on the role of the central bank in this process has emerged.
4  The staff analysis focused on loans originated in 2005 and 2006. BIS Review 150/2008  3  loans were made, and in what types of neighborhoods the loans were extended. 5 This analysis allowed us to determine what fraction of subprime lending could be related to the CRA.