On the contrary: The expertise already present in central banks as well as the interactions between monetary policy and macro-prudential policy I mentioned earlier are arguments that call for central banks to play a prominent role.
Central banks possess comparative advantages of information and action as they combine complementary elements such as oversight of payment systems, their own refinancing operations, their activities in the financial markets and their presence in international committees. In addition, only central banks can perform the vital function of the lender of last resort for the banking sector during financial crises.