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Development and maintenance of a security-by-security database

Type
Publication
Series
IFC guidance note 5
Date Published
29 May 2024
Sources
IFC

This guidance note sheds light on various aspects related to the development and maintenance of a security-by-security database (SBSDB), particularly:

  • the increased interest expressed by central banks in setting up a SBSDB;
  • the scope of a typical SBSDB, and the associated key benefits and challenges;
  • the different stages involved, especially as regards the collection, processing, quality management and dissemination of data;
  • some recommendations for strengthening the related data governance when maintaining a SBSDB.