Safeguards Assessments Policy—External Expert Panel's Advisory Report

Author: International Monetary Fund. Finance Dept.

Volume/Issue: Volume 2022 Issue 059

Publication date: December 2022

ISBN: 9798400228599

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Topics covered in this book

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Banks and Banking , Finance , Money and Monetary Policy , Public Finance , Political Economy , finance department , Advisory report , expert Panel , safeguards Policy , IMF's strategy , safeguards assessments Policy , COVID-19 , Internal controls , International Financial Reporting Standards , Central Bank digital currencies , Central bank governance , Global

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Summary

This report by the external expert panel (“the panel”) examines the effectiveness and appropriateness of the safeguards assessments policy in the five years since its last review in 2015. In addition to expressing an opinion on the effectiveness and appropriateness of the safeguards assessment policy, the panel also makes recommendations to the Executive Board for its consideration to improve and optimize the benefits to be garnered from the safeguards assessment policy. The panel’s opinion is based on (i) consultations with key stakeholders, including central bank authorities, IMF Executive Directors’ offices, and Fund staff; (ii) examination of safeguards assessment and other Fund-specific documents; and (iii) study of international reference materials.