## Safeguards Assessments of Central Banks (SAC)

## Source details

**Canonical URL:** [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/courses/sac)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/courses/sac/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/courses/sac/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/courses/sac/bundle-manifest.json)

## Bibliographic details
- Published: July 30, 2025

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## Upcoming offerings

| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
| --- | --- | --- | --- | --- | --- | --- |
| November 9, 2026 | November 13, 2026 | Ebene, Mauritius | [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [AT 26.30](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30) | English (French, Portuguese) | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=AT26.30E) by October 2, 2026 |

### Overview
- The Training Program Course "Safeguards Assessments of Central Banks (SAC)" is designed to give central bank officials interactive exposure to the IMF safeguards assessment methodology.
- The course emphasizes central bank governance and highlights the importance of independent oversight, transparency, and accountability for improving financial safeguards.
- The course provides a forum for central bank staff to exchange views on experiences in reinforcing safeguards and governance frameworks and dealing with emerging issues.

### Teaching methods and topics covered
- Interactive lectures.
- Discussions.
- Case studies.
- Crucial assessment areas addressed:
  - External and internal audit mechanisms.
  - Financial reporting.
  - The system of internal controls.
  - Management of international reserves.
  - Reporting of monetary data to the IMF.
  - Concepts underlying autonomy and good governance in central bank legislation.

### Target audience
- Central bank officials serving on governance and oversight bodies.
- Senior central bank staff responsible for:
  - Accounting.
  - Financial reporting.
  - Auditing.
  - Risk management.
  - Internal control.
  - Legal operations.
  - Reserve management operations.

### Qualifications for participants
- Expected educational or professional background:
  - University or postgraduate degree in accounting, business, economics, finance, or law.
  - Or professional certifications in auditing (chartered or certified public accountants, internal auditors, information systems auditors).
  - Or professional certifications in finance (certified financial analysts).

### Course objectives (learning outcomes)
Upon completion of the Training Program Course "Safeguards Assessments of Central Banks (SAC)", participants should be able to:
- Assess the strengths and vulnerabilities of their central bank's safeguards and governance frameworks.
- Identify specific steps to improve financial safeguards.
- Use leading practices for central banks in the areas of good governance, central bank autonomy, accountability, and transparency.
- Describe and explain the requirements of the IMF safeguards policy and the importance of implementing safeguards recommendations.

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## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [AT 26.30](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=AT26.30E)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/courses/sac_