Policy Papers

Safeguards Assessments Policy—External Expert Panel's Advisory Report

December 16, 2022

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Format: Chicago

International Monetary Fund. Finance Dept. "Safeguards Assessments Policy—External Expert Panel's Advisory Report", Policy Papers 2022, 059 (2022), accessed 12/8/2025, https://doi.org/10.5089/9798400228544.007

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Summary

This report by the external expert panel (“the panel”) examines the effectiveness and appropriateness of the safeguards assessments policy in the five years since its last review in 2015. In addition to expressing an opinion on the effectiveness and appropriateness of the safeguards assessment policy, the panel also makes recommendations to the Executive Board for its consideration to improve and optimize the benefits to be garnered from the safeguards assessment policy. The panel’s opinion is based on (i) consultations with key stakeholders, including central bank authorities, IMF Executive Directors’ offices, and Fund staff; (ii) examination of safeguards assessment and other Fund-specific documents; and (iii) study of international reference materials.

Subject: Central Bank digital currencies, Central bank governance, Central Banks, COVID-19, Financial regulation and supervision, Health, Internal controls, International Financial Reporting Standards, Monetary policy, Political economy, Revenue administration, Technology

Keywords: Advisory report, Central Bank digital currencies, Central bank governance, COVID-19, expert Panel, finance department, Global, IMF's strategy, Internal controls, International Financial Reporting Standards, safeguards assessments Policy, safeguards Policy