The legal framework for central bank independence

Participants will explore legal frameworks that safeguard central bank independence. The training will address the impacts of uncertainty on legal risk profiles and highlight best practices. Key topics include future-proofing mandates, establishing legal protections for senior management, and understanding the implications of independence on financial stability. Collaborative discussions will allow attendees to share insights on their central bank structures. This engaging course will equip participants with the practical tools and knowledge necessary to navigate the complex legal landscape of central banking.

Sakshi Gupta,  Head of legal for central banking, Bank of England
In this role, Sakshi is responsible for legal advice across the Bank’s markets, banking and payments operations, banknote issuance, commercial agreements and the internal affairs and governance of the Bank. Prior to joining the Bank in 2015, Sakshi was a corporate lawyer at the London offices of Clifford Chance LLP. Sakshi is admitted as a solicitor in England & Wales and is a qualified lawyer in India. She completed her legal education at National Law School of India University, Bengaluru, and the University of Oxford (BCL). 

Katy Morely,  Deputy head of legal for central banking, Bank of England
In this role, Katy is primarily responsible for advising markets (covering a wide remit including market operations, foreign exchange and financial risk management) and the internal affairs and governance of the Bank. Katy has also advised on resolution and financial market infrastructure regulation during her time at the Bank. Prior to joining the Bank in 2016, Katy was a capital markets lawyer at Allen & Overy Sherman LLP. Katy is admitted as a solicitor in England & Wales and studied Law at Durham University.