Legal Framework for Central Banking (CBLF)

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Deadline for the application has passed.
Course No.: JV 18.12
Location: Vienna, Austria
Date: April 30, 2018-May 4, 2018 (1 Week)
Language: English (Russian)

Target Audience:

Central bank and ministry of finance lawyers dealing with monetary legal issues. The course is targeted at senior counsels; 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.

Course Description:

This course, presented by the IMF 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.

Course 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.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.