Risk Management Maturity Assessment at Central Banks

Author/Editor:

Nicolas Denewet ; Antonio Manzanera ; Sanjeev Matai ; Elie Chamoun

Publication Date:

December 27, 2019

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

Effective risk management at central banks is best enabled by a sound framework embedded throughout the organization that supports the design and execution of risk management activities. To evaluate the risk management practices at a central bank, the Safeguards Assessments Division of the IMF’s Finance Department developed a tool that facilitates stocktaking of elements that are present and categorizes the function based on its maturity. Tailored recommendations are then provided to the central bank which provide a roadmap to advance the risk management function.

Series:

Working Paper No. 19/303

Subject:

English

Publication Date:

December 27, 2019

ISBN/ISSN:

9781513521992/1018-5941

Stock No:

WPIEA2019303

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

27

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