Cover Policy Papers
Buy Book in Print
Safeguards Assessments - 2014 Update
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
Policy Papers
Volume/Issue:
Volume 2014: Issue 026
Language:
English
Publication Date:
09 May 2014
DOI:
https://doi.org/10.5089/9781498342780.007
ISBN:
9781498342780
ISSN:
2663-3493
Pages:
15
Keywords:
PP; central bank; assessment; financial statement; oversight mechanism; financing; self-assessment tool; peer central bank; central bank official; audit issue; audit committee oversight; External audit; Auditing; Monetary statistics; Central bank auditing; Internal audit; Middle East and Central Asia
Download PDF (3.9 MB) Download Epub
The safeguards policy aims to mitigate the potential risks of misuse of resources, including Fund resources, and misreporting of program monetary data. The policy, introduced in 2000, is an integral part of the Fund’s financing policies and complements other safeguards, such as program design, conditionality, and access limits. Safeguards assessments of central banks of the borrowing member are required for almost all forms of Fund financing, and are followed by a period of monitoring for as long as Fund credit is outstanding.
  • Collapse
  • Expand
Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund