## Foundations of Central Bank Law

## Source details

**Canonical URL:** [Foundations of Central Bank Law](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/fcblxol23-142)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2023/fcblxol23-142/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2023/fcblxol23-142/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2023/fcblxol23-142/bundle-manifest.json)

## Bibliographic details
- Session: OL 23.142
- Location: Course conducted online
- Dates: May 1, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed

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### Target audience and qualifications
- Target Audience: Legal advisors of central banks and ministries of finance.
- Qualifications: Participants are expected to have a law degree and work on legal issues pertaining to central banks, either within a central bank or within a ministry of finance.

### Course description
- Presented by the Institute for Capacity Development and the Legal Department.
- Introduces participants to the foundations of central bank law.
- Covers the legal issues that are necessary to support sound and effective central banks.
- Addresses the legal underpinnings of the mandate, decision-making structures, autonomy, accountability, transparency, and operations of central banks.
- Combines theoretical components with practical exercises on how to analyze and design central bank legal frameworks.

### Course objectives
Upon completion of this course, participants should be able to:
- Identify the key legal issues that generally need to be covered in central bank legislation, and how international good practices address those issues.
- Interpret and advise on the application of key legal issues and international good practices in domestic legislation.
- Analyze and assess domestic central bank legislation against international good practices.
- Develop and formulate recommendations on how to modify central bank legislation through law reform to align it to international good practices.
- Explain to stakeholders proposed amendments to central bank legislation and defend those proposals in discussions and consultation procedures with stakeholders.

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## References

- [Online 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/ol/2023/fcblxol23-142_