Canada:Central Bank Transparency Code Review
Central Bank Transparency Code Review
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Volume/Issue:
Volume 2022
Issue 318
Publication date: September 2022
ISBN: 9798400221248
$20.00
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Topics covered in this book
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Banks and Banking , Finance , Money and Monetary Policy , Public Finance , International - Economics , IMF central bank Transparency Code , climate change Work , term liquidity facility , CBT Review , International Monetary Fund publication service , Financial sector stability , Financial statements , International reserves , Internal audit , Lender of last resort , Global
Summary
The Bank of Canada (BOC) sets a high benchmark for transparency, which is recognized by its stakeholders, thus maintaining a high level of trust and accountability. The BOC’s transparency practices are broadly aligned with expanded and comprehensive practices as defined by the IMF Central Bank Transparency Code (see Table 1). This is acknowledged by the BOC’s external stakeholders, who view the central bank as an open, dynamic, and transparent public institution.
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