Illustrative list of issues addressed in the work on central bank governance
Updated 3 June 2013
Legal foundations of the central bank; governance and accountability
- Collection of central bank laws
- Legal status, objectives and ownership of central banks
- Various aspects of central bank independence and accountability
- Central bank boards: role, composition, appointment mechanisms
- External communications activities of central banks
Mandates and functions of central banks
- Overview of functions and activities of central banks
- Central bank functions, structure and processes
Governance-related aspects of monetary and exchange rate policy
- The composition of monetary policy councils
- Governance aspects of using an inflation target or objective
- Involvement of central banks in exchange controls
- Payment of interest on minimum reserve balances
Governance-related aspects of financial stability and supervisory responsibilities
- Central bank involvement in safeguarding financial stability
- How central banks use and obtain supervisory information
- Direct costs of banking supervision and surveillance
Central bank balance sheet, reserves management
- Balance sheet strength, profitability and central bank policy
- Central banks' approaches to selected accounting and evaluation issues
- Legal provisions on the transfer of central bank profits
Structure and organisation of the central bank
- Organisation charts of central banks
- Organisational change at central banks: areas of change, reasons for change, the management of change
Human resources and related issues
- Central bank staff numbers
- Central bank approaches to salary and compensation issues; salaries of central bank governors
- Codes of conduct for central bank staff
- Enhancing performance and improving efficiency at the central bank
- Expenditures on staff training and development
Specific activities and internal services
- Costs of managing the circulation of bank notes
- Central bank practices concerning selected security aspects