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CHAPTER 9Governance and management of the IMFthe IMF is accountable to its Board of Governors and thus to the governments of its 184 member countries, which, in collaboration with its management,
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Governance and management refer to the frameworks, processes, and activities used to guide, control, and monitor an organization or entity, ensuring that it operates effectively and ethically while achieving its objectives.
Typically, organizations such as corporations, non-profits, and governmental entities are required to file governance and management documents. Specific requirements may vary by jurisdiction and organization type.
To fill out governance and management documents, one should accurately provide relevant information about the organization's structure, key personnel, policies, procedures, and adherence to legal and ethical standards, following guidelines specific to the governing body.
The purpose of governance and management is to establish accountability, ensure transparency, manage risks, and achieve organizational objectives while aligning with stakeholder interests and legal requirements.
Required information typically includes organizational structure, leadership roles, governance policies, compliance details, risk management strategies, performance metrics, and any relevant financial information.
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