The Central Bank Transparency Code

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

July 30, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The paper reports to the Executive Board on its decision of April 29, 2019, to prepare an IMF Central Bank Transparency Code (CBT), which is linked to the 2017 Review of the Standards and Codes Initiative (RSCI), for a revision and update of the 1999 Monetary and Financial Policies Transparency Code (MFPT). Directors asked that the CBT should remove the overlap on financial policies covered by other international standards, expand the transparency standards to broader set of activities undertaken by many central banks since the 2008 financial crisis, and reorient the transparency standards to facilitate risk-based assessments to support policy effectiveness and address macroeconomic risks.

Series:

Policy Paper No. 2020/038

Frequency:

occasional

English

Publication Date:

July 30, 2020

ISBN/ISSN:

9781513551814/2663-3493

Stock No:

PPEA2020038

Format:

Paper

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