The Central Bank Transparency Code—Findings Of The Pilot Reviews

March 15, 2023

Summary

This paper reports to the Executive Board on the outcomes of the Central Bank Transparency Code (CBT) pilot reviews. The pilot CBT reviews helped central banks evaluate their transparency practices and strengthen dialogue with external stakeholders. The CBT pilots provided valuable information on the resources required for the reviews going forward. Staff will continue to offer CBT reviews to the rest of the membership. The staff will report back to the Board in FY2026 on the progress of the CBT reviews and an update to the Code following five years of implementation.

Subject: Central bank accountability, Central bank autonomy, Central bank transparency, Central banks, Financial Sector Assessment Program, Financial sector policy and analysis, Financial sector stability, Monetary policy, Political economy

Keywords: CBT Pilots, CBT review, Central bank accountability, Central bank autonomy, Central bank transparency, central bank Transparency Code, Financial Sector Assessment Program, Financial sector stability, Global, guidance note, Middle East and Central Asia, transparency practice, Western Hemisphere

Pages:
32
Volume:
2023
DOI:
https://doi.org/10.5089/9798400236327.007
Issue:
006
Series:
Policy Paper No. 2023/006
Stock No:
PPEA2023006
ISBN:
9798400236327
ISSN:
2663-3493

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