Safeguards Assessments - Review of Experience

Date: July 6, 2010
Electronic Access: Full Text

Summary:This review marks the 10th anniversary of the safeguards policy. Introduced in March 2000, the policy’s main objective is to mitigate potential risks of misuse of resources, including Fund resources, and misreporting of monetary program data. The policy was last reviewed in 2005, when the Executive Board re-affirmed the effectiveness of the policy, and its application to central banks. In keeping with previous reviews, a panel of experts was invited to provide advice for the Executive Board on the implementation of the policy, and recommendations to guide the focus and application of the policy going forward.

Series : Policy Paper
Subject(s): Safeguards assessments policy | Central banks | Use of Fund resources | Members | General Resources Account | External auditors | Governance