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Safeguards Assessments - 2011 Update
Author:
International Monetary Fund
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Series:
Policy Papers
Volume/Issue:
Volume 2011: Issue 075
Language:
English
Publication Date:
16 Sep 2011
DOI:
https://doi.org/10.5089/9781498338462.007
ISBN:
9781498338462
ISSN:
2663-3493
Pages:
13
Keywords:
PP; central bank; assessment; governance; country; procedure; adherence to governance principle; governance chapeau; assessment activity; central bank's governance; lending process; central bank audit; governance structure; governance orientation; assessments of central banks; safeguards Policy; profile of central bank audit; External audit; Auditing; Monetary statistics; Central bank governance; Fiscal risks; West Africa; Western Hemisphere; Pacific Islands; Western Europe; Europe
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Under the Fund’s safeguards policy introduced in 2000, assessments of central banks are carried out for countries seeking financing from the IMF. They are part of the Fund’s approach to prudent lending and complement the Fund’s other safeguards such as program design, conditionality, and access limits, to name a few. The assessments aim to provide reasonable assurance that governance and controls can protect Fund resources from misuse and guard against misreporting of monetary data used for program monitoring purposes.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund