IMF code drives reform of central bank transparency

Dmytro Solohub says pilots of new transparency code have already fostered change

IMF HQ 2
The IMF's second HQ building
Photo: Henrik Gschwindt de Gyor/IMF

The International Monetary Fund has successfully piloted the first evaluations using its Central Bank Transparency Code, an advisory progamme developed since 2020.

The fund reports its “recommendations received strong traction from the participating central banks”. Some, such as the Bank of Canada and Central Bank of Chile, have already made changes to their frameworks.

Dmytro Solohub, a senior financial sector expert in the fund’s monetary and capital markets department, stresses transparency

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.