Safeguards Assessments - 2011 Update
Electronic Access:
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Summary:
Under the Fund’s safeguards policy introduced in 2000, assessments of central banks are carried out for countries seeking financing from the IMF. They are part of the Fund’s approach to prudent lending and complement the Fund’s other safeguards such as program design, conditionality, and access limits, to name a few. The assessments aim to provide reasonable assurance that governance and controls can protect Fund resources from misuse and guard against misreporting of monetary data used for program monitoring purposes.
Series:
Policy Papers
Subject:
Central banks Euro Area Europe External auditors Governance Monetary operations Risk management Safeguards assessments policy
English
Publication Date:
September 16, 2011
Format:
Paper
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