## 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/schedule/at/2024/sacat24-04)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/at/2024/sacat24-04/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/at/2024/sacat24-04/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/at/2024/sacat24-04/bundle-manifest.json)

## Bibliographic details
- Session: AT 24.04
- Location: Ebene, Mauritius
- Dates: January 29, 2024 - February 2, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: French Portuguese
- Status: Deadline passed

---

### Program overview and logistics
- Training Program title: Safeguards Assessments of Central Banks (SAC)
- Session No.: AT 24.04
- Date: January 29, 2024 - February 2, 2024 (1 week)
- Location: Ebene, Mauritius
- Delivery Method: In-person Training
- Deadline status: Deadline passed
- Primary Language: English
- Interpretation Language: French Portuguese
- Presented by: Finance and Legal Departments of the IMF

### 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 functions,
  - reserve management operations.

### Qualifications for participants
- 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 finance (certified financial analysts).

### Course description and focus areas
- Designed to give central bank officials interactive exposure to the IMF safeguards assessment methodology.
- Special focus on central bank governance with emphasis on:
  - independent oversight,
  - transparency,
  - accountability for improving financial safeguards.
- Provides a forum for exchange of experiences in reinforcing safeguards and governance frameworks and addressing emerging issues.
- Instructional methods: interactive lectures, discussions, and workshops.
- 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.
- Reviews concepts underlying autonomy and good governance in central bank legislation.

### Course objectives (learning outcomes)
- Assess the strengths and vulnerabilities of participants’ central banks’ 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.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2024/sacat24-04_