## Update on the IMF's Institutional Safeguards Review

_IMF News, April 1, 2022_

## Source details

**Canonical URL:** [Update on the IMF's Institutional Safeguards Review](https://www.imf.org/en/news/articles/2022/04/01/pr22103-update-on-the-imfs-institutional-safeguards-review)

## Other formats

- [Markdown version](/en/news/articles/2022/04/01/pr22103-update-on-the-imfs-institutional-safeguards-review/index.md)
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## Bibliographic details
- Published: April 1, 2022

---

### Overview and context
- Press Release No. 22103
- Date: April 1, 2022
- Issued by: IMF Communications Department, MEDIA RELATIONS
- PRESS OFFICER: Raphael Anspach
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- @IMFSpokesperson

### Progress to date
- Considerable progress has been made on the previously announced review of the International Monetary Fund’s institutional safeguards.
- Staff Working Groups (SWGs) have continued to advance work on:
  - the Fund’s internal governance and staff voice; and
  - data and analysis integrity.
- The External and Independent Panel of High Level Experts, led by Jens Weidmann, has advanced its assessment of the Fund’s Dispute Resolution System and recommendations to strengthen institutional safeguards.
- A Steering Group of the IMF’s Executive Board has been actively following and providing input, including by holding regular discussions with the SWGs.
- The Steering Group met with the External Panel, which provided an update on its progress to date.

### Next steps and timeline
- The External Panel is working on its final evaluation.
- To ensure a careful and thorough process, the timeline for the review has been somewhat extended:
  - the entire suite of reports is expected to be finalized towards end-April; and
  - the Executive Board is slated to meet to consider the review towards end-May 2022.

### Key actors and responsibilities
- Staff Working Groups (SWGs): advance internal governance, staff voice, and data and analysis integrity workstreams.
- External and Independent Panel of High Level Experts (led by Jens Weidmann): assess the Dispute Resolution System and formulate recommendations to strengthen institutional safeguards.
- Steering Group of the IMF’s Executive Board: provide oversight, input, and hold regular discussions with SWGs; engage with the External Panel.

*Source: Update on the IMF's Institutional Safeguards Review — Press Release No. 22103, April 1, 2022.*

---


## References

- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [institutional safeguards](https://www.imf.org/en/News/Articles/2021/12/17/pr21384-imf-executive-board-announces-follow-up-work-on-institutional-safeguards)
- [External and Independent Panel of High Level Experts](https://www.imf.org/en/News/Articles/2022/02/04/pr2222-external-panel-to-follow-up-work-on-imf-institutional-safeguards)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2022/04/01/pr22103-update-on-the-imfs-institutional-safeguards-review_