## Safeguards Assessments of Central Banks

## Source details

**Canonical URL:** [Safeguards Assessments of Central Banks](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/sacce24-28)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2024/sacce24-28/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2024/sacce24-28/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2024/sacce24-28/bundle-manifest.json)

## Bibliographic details
- Session: CE 24.28
- Location: Kuwait City, Kuwait
- Dates: November 10-14, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed

---

### Program overview
- Session No.: CE 24.28
- Location: Kuwait City, Kuwait
- Date: November 10-14, 2024 (1 week)
- Delivery Method: In-person Training
- Primary Language: English
- Interpretation Language: Arabic
- Status: Deadline passed
- Presented by: Finance and Legal Departments (IMF)

### Target audience and qualifications
- 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, or reserve management operations
- Qualifications:
  - Expected educational background: university or postgraduate degree in accounting, business, economics, finance, or law
  - Or professional certifications: auditing (chartered or certified public accountants, internal auditors, information systems auditors) or finance (certified financial analysts)

### Course description — scope and pedagogy
- Purpose:
  - Provide central bank officials interactive exposure to the IMF safeguards assessment methodology
  - Special focus on central bank governance and the importance of independent oversight, transparency, and accountability for improving financial safeguards
- Key assessment areas and topics covered:
  - External and internal audit mechanisms
  - Financial reporting
  - 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
- Teaching methods:
  - Interactive lectures
  - Discussions
  - Case studies
  - Forum for exchange of experiences on reinforcing safeguards and governance frameworks and dealing with emerging issues

### Course objectives
- Upon completion participants should be able to:
  - Assess the strengths and vulnerabilities of their 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)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/sacce24-28_