First, in my view safeguarding privacy is a top concern and is also often identified as a top concern of consumers and other stakeholders. As a baseline, we need to think about how to protect the privacy of consumers and businesses, while also establishing an appropriate level of transparency that would deter criminal activity.
The central bank has a role of lender of last resort: it generally oversees the payment system, it has the ability to inject liquidity into the markets in general or into specific dysfunctional sectors of the markets and, in many instances, it is responsible for the micro supervision of banks.