TARGET GROUP | Central bank and ministry of finance lawyers dealing with monetary legal issues. The course is targeted at senior counsels and participants should have a solid understanding of the primary legal issues related to central banking and monetary institutional arrangements, five years of relevant work experience, good knowledge of central bank legal frameworks, and preferably an advanced law degree.
DESCRIPTION | This one-week course, presented by the IMF’s Legal Department, covers selected issues related to the institutional and legal infrastructure necessary to support sound and effective central banks. It therefore addresses legal underpinnings of the central bank mandate, decision-making structures, autonomy, accountability, transparency, and operations of central banks.
OBJECTIVES | Upon completion of this course, participants should be able to:
• Identify legal issues relevant to central banking and best practice approaches to addressing them, such as through law reform
• Identify legal design approaches that have proven effective, based on cross-jurisdictional experiences shared by presenters and fellow participants