The IMF's Legal Department advises management, the Executive Board, and staff on the applicable rules of law. It prepares most of the decisions and other legal instruments necessary for the IMF’s activities, and provides advice and analysis in the context of use of Fund resources (including the PRGF/HIPC Initiative) and surveillance. The Department also provides technical assistance and advice to member countries and non-members on the drafting of legislation within the Fund’s core mandate (e.g., central banking, financial sector regulation, AML/CFT and taxation).
Fund lawyers perform a variety of professional level legal assignments in one of the Fund’s functional areas. A lawyer’s responsibilities include the preparation of papers for the Executive Board and management on questions of Fund law and policy, direct advice to area departments on legal issues arising from Fund regulatory and financial operations, the drafting of Executive Board decisions, and the review of legislation from member countries. The Legal Department’s Administrative Unit also provides advice on questions of administrative law and represents the Fund in personnel-related disputes.