The board of the Central Bank of Chile approved a new transparency policy on June 2, based on the International Monetary Fund’s transparency code.

The new code is part of the central bank’s ongoing strategy plan for 2018 to 2022, which aims to foster what it calls “active transparency”.  

The central bank says the initiative seeks to provide stakeholders and markets with all relevant information on its decisions and procedures, in a clear and timely manner. It also aims to “promote the