## Safeguards Assessment—2019 Update

_Policy Papers, December 17, 2019_

## Source details

**Canonical URL:** [Safeguards Assessment—2019 Update](https://www.imf.org/en/publications/policy-papers/issues/2019/12/17/safeguards-assessment-2019-update-48881)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2019/12/17/safeguards-assessment-2019-update-48881/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2019/12/17/safeguards-assessment-2019-update-48881/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2019/12/17/safeguards-assessment-2019-update-48881/bundle-manifest.json)

## Bibliographic details
- Authors: George M Kabwe, Elie Chamoun, Riaan van Greuning, Mowele Mohlala, Julia Cardoso
- Published: December 17, 2019
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9781513523019.007

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### Summary and purpose
- Safeguards assessments are a key pillar of the risk management arrangements for IMF lending.
- Safeguards assessments aim to mitigate the risks of misuse of Fund resources and misreporting of program monetary data under Fund arrangements.
- Safeguards assessment reports are confidential.
- The IMF Executive Board is provided with a periodic report on safeguards activities on a biennial basis.
- High-level summaries of key findings and recommendations are included in member country staff reports.

### Coverage period
- This update on safeguards activity covers the period May 2017 to end-April 2019 (the period).

### Key themes and subject areas
- Auditing
- Banking
- Central bank governance
- Central banks
- Economic and financial statistics
- External audit
- Internal audit
- Labor
- Monetary statistics
- Public financial management (PFM)

### Keywords (as listed)
- audit
- Auditing
- central bank
- central bank authority
- central bank autonomy provision
- Central bank governance
- central bank participant
- central bank safeguards framework
- Europe
- External audit
- Global
- governance
- governance arrangement
- Internal audit
- lending
- Middle East
- Monetary statistics
- PP
- risk management framework
- West Africa
- Western Hemisphere

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (Markdown version)](/-/media/files/publications/pp/2019/ppea2019041.pdf.md){rel="alternate" type="text/markdown"}
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2019/ppea2019041.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2019/12/17/safeguards-assessment-2019-update-48881_