The Central Bank Transparency Code—Findings Of The Pilot Reviews

Author: International Monetary Fund. Monetary and Capital Markets Department

Volume/Issue: Volume 2023 Issue 006

Publication date: March 2023

ISBN: 9798400236327

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Money and Monetary Policy , Political Economy , CBT review , transparency practice , central bank Transparency Code , CBT Pilots , guidance note , Central bank transparency , Financial sector stability , Central bank autonomy , Financial Sector Assessment Program , Central bank accountability , Western Hemisphere , Global , Middle East and Central Asia

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Summary

This paper reports to the Executive Board on the outcomes of the Central Bank Transparency Code (CBT) pilot reviews. The pilot CBT reviews helped central banks evaluate their transparency practices and strengthen dialogue with external stakeholders. The CBT pilots provided valuable information on the resources required for the reviews going forward. Staff will continue to offer CBT reviews to the rest of the membership. The staff will report back to the Board in FY2026 on the progress of the CBT reviews and an update to the Code following five years of implementation.