Description: This course explores both the conceptual and practical aspects of compiling monetary statistics focusing on other financial corporations (OFCs) as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The primary objective of this course is to foster a deeper understanding of the OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their pivotal role in financial systems, and their typical balance sheet structures. The course discusses how OFCs' data can be harnessed to compile the most comprehensive set of monetary statistics to understand liquidity and financing extended to the nonfinancial sectors and nonresidents by the financial corporations sector. Additionally, the course delves into various aspects of financial statistics, including the application of MFS in constructing the balance sheet approach (BSA) matrix and in the IMF's financial programming framework. The course integrates discussions on cutting-edge issues related to MFS, including Fintech, digital money and climate finance. Through a combination of lectures and case studies, the course equips participants with practical skills for compiling monetary statistics for the OFCs subsector using standardized report forms (SRFs) and deriving analytical surveys from SRFs, including the OFCs Survey (OFCS) and the financial corporations survey (FCS). A strong emphasis is also placed on peer learning through the exchange of country experiences among participants.
Target Audience: Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Description: This course serves as a foundation for those interested in MFS compilation or analysis, namely, for both compilers and users. It discusses the principles and concepts underlying the methodology for the collection, compilation, and analytical presentation of monetary statistics as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). This course provides the participants with an introduction of the framework for compiling monetary statistics, namely their fundamental building blocks. These include the key concepts of institutional units and sectors, residency and economic territory, and the characteristics of financial assets and liabilities. It also explains the accounting rules for compiling MFS, including time of recording and valuation principles. With this background, the course delves into how information extracted from the accounting records of financial corporations (central bank, other depository corporations and other financial corporations) are transformed into sectoral balance sheets using the established framework, which are the cornerstone for analytical presentations of monetary statistics. Finally, the course sheds light on the compilation process for money and liquidity aggregates, domestic credit, and other relevant indicators, along with their significance in macroeconomic analysis and policy formulation.
Target Audience: Officials from central banks and/or financial regulatory institutions involved or interested in understanding MFS compilation and analysis.
Description: This course serves as a foundation for those interested in MFS compilation or analysis, namely, for both compilers and users. It discusses the principles and concepts underlying the methodology for the collection, compilation, and analytical presentation of monetary statistics as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). This course provides the participants with an introduction of the framework for compiling monetary statistics, namely their fundamental building blocks. These include the key concepts of institutional units and sectors, residency and economic territory, and the characteristics of financial assets and liabilities. It also explains the accounting rules for compiling MFS, including time of recording and valuation principles. With this background, the course delves into how information extracted from the accounting records of financial corporations (central bank, other depository corporations and other financial corporations) are transformed into sectoral balance sheets using the established framework, which are the cornerstone for analytical presentations of monetary statistics. Finally, the course sheds light on the compilation process for money and liquidity aggregates, domestic credit, and other relevant indicators, along with their significance in macroeconomic analysis and policy formulation.
Target Audience: Officials from central banks and/or financial regulatory institutions involved or interested in understanding in MFS compilation and analysis.
Description: The five-day course, delivered by the IMF's Statistics Department in cooperation with the Caucasus, Central Asia, and Mongolia Regional Capacity Development Center, will focus on how digitalization is impacting financial sector statistics. The digital revolution in finance is not just a technological shift, but a fundamental transformation of the financial landscape, reshaping how financial services are delivered, consumed, and managed. While offering immense opportunities for efficiency and inclusion, digitalization presents a significant challenge for traditional financial sector statistics: how do we accurately capture and reflect these rapidly evolving dynamics? For decades, financial sector statistics have relied on established methodologies and reporting frameworks built around the activities of traditional financial institutions like banks and insurance companies. With the rise of fintech companies, mobile payments, peer-to-peer lending platforms, digital currencies, and crypto assets, it is essential that statistical methodological guidance underlying financial sector statistics as well as data collection accurately capture these emerging instruments and market participants, crucial for maintaining the stability and effectiveness of the financial system. This workshop will focus on how to reflect digitalization in financial sector statistics, discuss the emerging methodologies and underscore the collaborative effort between macroeconomic statisticians, regulators, policymakers, and the private sector to explore non-traditional data sources. Participants are expected to actively contribute to presentations on country practices and exercises. Peer learning will be an essential element of the workshop.
Target Audience: Mid-level government officials from central banks, financial services supervisors and regulators and other agencies involved in financial sector statistics.
Description: This course, presented by the Statistics Department, covers both the conceptual and practical aspects of compiling monetary statistics focusing on other financial corporations (OFCs) as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The main aim of this course is to foster a deeper understanding of the OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structures and how their financial data can be leveraged for compiling the broadest set of monetary statistics to understand liquidity and financing extended to the nonfinancial sectors and nonresidents by the financial corporations. The course also covers some aspects of financial statistics, of which the role of MFS in the balance sheet approach (BSA) for analyzing macro-financial vulnerabilities and how MFS fits into the IMF’s financial programming. The course integrates discussions on cutting-edge issues like Fintech, digital money and climate finance all related to MFS. Through a combination of lectures, countries’ presentations and case studies, the course familiarizes participants with practical aspects of compiling other financial corporations sector and the financial corporations survey. Emphasis is also placed on peer learning through sharing of country experiences among the participants.
Target Audience: Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Description: This course, delivered by the Statistics Department, covers the conceptual and practical aspects of compiling monetary statistics, focusing on the central bank (CB) and other depository corporations (ODCs), as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course covers the building blocks of MFS including the concepts of residency and institutional sectors, the characteristics and types of financial assets and liabilities, as well as the valuation and other accounting principles relevant for the compilation of monetary statistics. Participants will become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and how the sectoral balance sheets of DCs are consolidated and rearranged to derive analytical presentations and money aggregates. The course will also discuss the treatment of electronic money and central bank digital currencies in MFS, as well as introduce the other financial corporations (OFCs). The course will comprise lectures and exercises focused on practical aspects of compiling monetary statistics for central banks and ODCs using the standardized report forms (SRFs), and derivation of analytical surveys from SRFs: central bank survey, ODCs Survey, and DCs Survey. Emphasis is also placed on peer learning through sharing of country experiences among the participants.
Target Audience: Officials from central banks and/or financial regulatory institutions involved in compilation and analysis of monetary statistics.
Description: This course aims at the conceptual and practical aspects of compiling monetary statistics focusing on the central bank (CB) and other depository corporations (ODCs) as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course presents the building blocks of MFS including the concepts of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants get familiarized with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and how the sectoral balance sheets of DCs are consolidated and rearranged into analytical presentations with key financial aggregates like credit and money. The course also discusses the treatment of central bank digital currencies and electronic money in MFS and introduces the other financial corporations (OFCs). The course consists of lectures, and exercises emphasizing the practical aspects of compiling monetary statistics for central banks and ODCs using the IMF's standardized report forms (SRFs) and the derivation of the respective analytical presentations from SRFs: central bank survey, ODCs survey, and the DCs survey. Peer learning through sharing of country experiences among the participants is also prominent.
Target Audience: Officials from central banks and/or financial regulatory institutions involved in compilation and analysis of monetary statistics.
Description: This course serves as a foundation for those interested in MFS compilation or analysis, namely, for both compilers and users. It discusses the principles and concepts underlying the methodology for the collection, compilation, and analytical presentation of monetary statistics as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). This course provides the participants with an introduction of the framework for compiling monetary statistics, namely their fundamental building blocks. These include the key concepts of institutional units and sectors, residency and economic territory, and the characteristics of financial assets and liabilities. It also explains the accounting rules for compiling MFS, including time of recording and valuation principles. With this background, the course delves into how information extracted from the accounting records of financial corporations (central bank, other depository corporations and other financial corporations) are transformed into sectoral balance sheets using the established framework, which are the cornerstone for analytical presentations of monetary statistics. Finally, the course sheds light on the compilation process for money and liquidity aggregates, domestic credit, and other relevant indicators, along with their significance in macroeconomic analysis and policy formulation.
Target Audience: Officials from central banks and/or financial regulatory institutions involved or interested in understanding MFS compilation and analysis.
Description: This course serves as a foundation for those interested in MFS compilation or analysis, namely, for both compilers and users. It discusses the principles and concepts underlying the methodology for the collection, compilation, and analytical presentation of monetary statistics as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). This course provides the participants with an introduction of the framework for compiling monetary statistics, namely their fundamental building blocks. These include the key concepts of institutional units and sectors, residency and economic territory, and the characteristics of financial assets and liabilities. It also explains the accounting rules for compiling MFS, including time of recording and valuation principles. With this background, the course delves into how information extracted from the accounting records of financial corporations (central bank, other depository corporations and other financial corporations) are transformed into sectoral balance sheets using the established framework, which are the cornerstone for analytical presentations of monetary statistics. Finally, the course sheds light on the compilation process for money and liquidity aggregates, domestic credit, and other relevant indicators, along with their significance in macroeconomic analysis and policy formulation.
Target Audience: Officials from central banks and/or financial regulatory institutions involved or interested in understanding MFS compilation and analysis.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB), other depository corporations (ODCs) and other financial corporations (OFCs) in accordance with international statistical standards. Course materials are based on the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectoring of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants will also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. They will also gain a deeper understanding of the OFCs sector and their relevance for compiling a broader and often more reliable measure of the liquidity available in an economy and financing extended to the nonfinancial sectors and nonresidents by the financial corporations.
Title in Spanish: Indicadores de Solidez Financiera (FSIx)
Organizer(s): IMF AI Generated
Description: This course, presented by the Statistics Department, introduces participants to the underlying concepts, definitions, and methodology for the compilation of Financial Soundness Indicators (FSIs) aligned with the 2019 Financial Soundness Indicators Compilation Guide (2019 FSI Guide) . FSIs were developed by the IMF in the late 1990s and currently, more than 150 countries compile and report FSIs to the IMF. These indicators are widely used by researchers, analysts, and policymakers around the world to monitor the soundness of the financial systems from a macroprudential perspective, as well as by IMF staff in financial stability analysis and surveillance. This course covers the history of the FSIs and their application in surveillance and macroprudential analysis, the conceptual framework for the FSIs, the data collection process for FSI compilation and its underlying aggregation and consolidation methodologies as well as the application of core and additional FSIs in macroprudential analysis.
Target Audience: Officials at central banks and supervisory agencies of the financial sector involved in the collection, compilation, and analysis of financial soundness indicators (FSIs).
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB), other depository corporations (ODCs) and other financial corporations (OFCs) in accordance with international statistical standards. Course materials are based on the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG ). The course discusses the principles of residency and sectoring of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants will also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. They will also gain a deeper understanding of the OFCs sector and their relevance for compiling a broader and often more reliable measure of the liquidity available in an economy and financing extended to the nonfinancial sectors and nonresidents by the financial corporations.
Target Audience: Central bank officials, officials from financial regulatory agencies responsible for compiling monetary statistics as well as users interested in understanding key conceptual framework and compilation process.
Description: This course, conducted by the Statistics Department, presents a user-friendly tool developed by the department to automatically combine monetary, government, and international investment position data reported to the Statistics Department to create a distribution of claims and liabilities on a from-whom-to-whom basis—an extremely useful tool for macro-financial analysis. Once the matrix is generated, country officials should be able to use the Balance Sheet Approach (BSA) analysis to focus on overall balance sheet linkages and identify specific exposures and vulnerabilities, such as excessive reliance on external funding, leverage buildup in the corporate sector, and overreliance on the banking sector for sovereign debt placement.
Target Audience: Officials at central banks, ministries of finance and other agencies in charge of compiling monetary and financial statistics, government finance/debt statistics, and external sector statistics; and/or overseeing macro-financial analysis.
Description: This course, presented by the Statistics Department, covers both the conceptual and practical aspects of compiling monetary statistics focusing on other financial corporations (OFCs) as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The main aim of this course is to foster a deeper understanding of the OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structures and how their financial data can be leveraged for compiling the broadest set of monetary statistics to understand liquidity and financing extended to the nonfinancial sectors and nonresidents by the financial corporations. The course also covers some aspects of financial statistics, of which the role of MFS in the balance sheet approach (BSA) for analyzing macro-financial vulnerabilities and how MFS fits into the IMF’s financial programming. The course integrates discussions on cutting-edge issues like Fintech, digital money and climate finance all related to MFS. Through a combination of lectures, countries’ presentations and case studies, the course familiarizes participants with practical aspects of compiling other financial corporations sector and the financial corporations survey. Emphasis is also placed on peer learning through sharing of country experiences among the participants.
Target Audience: Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Description: This course, conducted by the Statistics Department, presents a user-friendly tool developed by the department to automatically combine monetary, government, and international investment position data reported to the Statistics Department to create a distribution of claims and liabilities on a from-whom-to-whom basis—an extremely useful tool for macro-financial analysis. Once the matrix is generated, country officials should be able to use the Balance Sheet Approach (BSA) analysis to focus on overall balance sheet linkages and identify specific exposures and vulnerabilities, such as excessive reliance on external funding, leverage buildup in the corporate sector, and overreliance on the banking sector for sovereign debt placement.
Target Audience: Officials at central banks, ministries of finance and other agencies in charge of compiling monetary and financial statistics, government finance/debt statistics, and external sector statistics; and/or overseeing macro-financial analysis.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB), other depository corporations (ODCs) and other financial corporations (OFCs) in accordance with international statistical standards. Course materials are based on the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectoring of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants will also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. They will also gain a deeper understanding of the OFCs sector and their relevance for compiling a broader and often more reliable measure of the liquidity available in an economy and financing extended to the nonfinancial sectors and nonresidents by the financial corporations.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB), other depository corporations (ODCs) and other financial corporations (OFCs) in accordance with international statistical standards. Course materials are based on the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectoring of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants will also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. They will also gain a deeper understanding of the OFCs sector and their relevance for compiling a broader and often more reliable measure of the liquidity available in an economy and financing extended to the nonfinancial sectors and nonresidents by the financial corporations.
Target Audience: Central bank officials, officials from financial regulatory agencies responsible for compiling monetary statistics as well as users interested in understanding key conceptual framework and compilation process.
Description: This course, presented by the Statistics Department, introduces the fundamentals of compiling monetary statistics, with special attention to other financial corporations (OFCs). It also gives an overview of financial statistics and national accounts. The course material is based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). Although the course summarizes the main principles underlying the compilation of monetary statistics, it assumes participants already understand these principles (e.g., having participated in the MFS-I course). The core of the course deals with characteristics of various OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structure, and their role in the financial sector. The course also covers some aspects of financial statistics, dealing with financial flows and stocks of all sectors of the domestic economy and their interactions with the rest of the world; the balance sheet approach to vulnerability analysis; and the relationships between monetary, balance of payments, government finance, and national accounts statistics. The course consists of lectures and case studies to familiarize participants with practical aspects of compiling monetary statistics for OFCs and the basic principles underlying the compilation of national accounts. At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
Target Audience: Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Description: This course, presented by the Statistics Department, introduces the fundamentals of compiling monetary statistics, with special attention to other financial corporations (OFCs). It also gives an overview of financial statistics and national accounts. The course material is based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). Although the course summarizes the main principles underlying the compilation of monetary statistics, it assumes participants already understand these principles (e.g., having participated in the MFS-I course). The core of the course deals with characteristics of various OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structure, and their role in the financial sector. The course also covers some aspects of financial statistics, dealing with financial flows and stocks of all sectors of the domestic economy and their interactions with the rest of the world; the balance sheet approach to vulnerability analysis; and the relationships between monetary, balance of payments, government finance, and national accounts statistics. The course consists of lectures and case studies to familiarize participants with practical aspects of compiling monetary statistics for OFCs and the basic principles underlying the compilation of national accounts. At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
Target Audience: Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. Course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, and exercises covering practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) and the derivation of the respective surveys for the CB, ODCs, and the consolidated DCs sector. Participants should be prepared to ask questions and discuss challenges related to MFS compilation practices. This course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Target Audience: Central bank officials and officials from financial regulatory agencies responsible for compiling monetary statistics.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. Course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, and exercises covering practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) and the derivation of the respective surveys for the CB, ODCs, and the consolidated DCs sector. Participants should be prepared to ask questions and discuss challenges related to MFS compilation practices. This course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Target Audience: Central bank officials and officials from financial regulatory agencies responsible for compiling monetary statistics.
Source: IMF Metac (Data extracted on: 23 Apr 2024 )
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Organizer(s): IMF Metac
Description: In collaboration with the IMF's Middle East Center for Economics and Finance (CEF), METAC conducted a five-day workshop on Measuring Financial Services. The workshop was attended by 30 participants from 11 Arab countries and covered the techniques and methods used to estimate financial services in nominal and volume terms, their impact on the sequence of accounts, and estimation of financial institutions’ output, intermediate consumption and gross value added as recommended by the 2008 System of National Accounts.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. Course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, and exercises covering practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) and the derivation of the respective surveys for the CB, ODCs, and the consolidated DCs sector. Participants should be prepared to ask questions and discuss challenges related to MFS compilation practices. This course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Target Audience: Central bank officials and officials from financial regulatory agencies responsible for compiling monetary statistics.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. Course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, and exercises covering practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) and the derivation of the respective surveys for the CB, ODCs, and the consolidated DCs sector. Participants should be prepared to ask questions and discuss challenges related to MFS compilation practices. This course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. Course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, and exercises covering practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) and the derivation of the respective surveys for the CB, ODCs, and the consolidated DCs sector. Participants should be prepared to ask questions and discuss challenges related to MFS compilation practices. This course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Description: Within the framework of the Programme of Action for 2021-2025 set under the OIC-StatCom Strategic Vision for 2030 and its Webinar Series on Statistical Experience Sharing, SESRIC will organise a Webinar on ‘Reporting Data on Islamic Financial Services Sector’ on 14 March 2023, in collaboration with Islamic Financial Services Board (IFSB), United Nations Statistics Division (UNSD), and UN Economic and Social Commission for Western Asia (UNESCWA) with the participation of official statisticians working in National Statistical Offices (NSOs) of the OIC member countries. The main objective of this webinar is to provide a platform to exchange knowledge on how to utilize the Prudential and Structural Islamic Financial Indicators (PSIFIs) methodology as well as how to implement the recommendations of the joint task team on Islamic finance (IFTT) Guidance Note on the Statistical Treatment of Islamic Finance in the National Accounts and External Sector Statistics in national statistical systems of OIC member countries. The Webinar will cover: Prudential and Structural Islamic Financial Indicators (PSIFIs) Introduction Methodology Reporting practices Statistical treatment of Islamic finance in the national accounts and the external sector statistics in the update of the 2008 SNA and BPM6 Guidance note (GN) on Islamic Finance and the recommendations Pilot Countries Experimentation Document: Concept Note and Work Programme: (English)
Description: This course explores both the conceptual and practical aspects of compiling monetary statistics focusing on other financial corporations (OFCs) as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The primary objective of this course is to foster a deeper understanding of the OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their pivotal role in financial systems, and their typical balance sheet structures. The course discusses how OFCs' data can be harnessed to compile the most comprehensive set of monetary statistics to understand liquidity and financing extended to the nonfinancial sectors and nonresidents by the financial corporations sector. Additionally, the course delves into various aspects of financial statistics, including the application of MFS in constructing the balance sheet approach (BSA) matrix and in the IMF's financial programming framework. The course integrates discussions on cutting-edge issues related to MFS, including Fintech, digital money and climate finance. Through a combination of lectures and case studies, the course equips participants with practical skills for compiling monetary statistics for the OFCs subsector using standardized report forms (SRFs) and deriving analytical surveys from SRFs, including the OFCs Survey (OFCS) and the financial corporations survey (FCS). A strong emphasis is also placed on peer learning through the exchange of country experiences among participants.
Target Audience: Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Description: This course, presented by the Statistics Department, introduces the fundamentals of compiling monetary statistics, with special attention to other financial corporations (OFCs). It also gives an overview of financial statistics and national accounts. The course material is based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). Although the course summarizes the main principles underlying the compilation of monetary statistics, it assumes participants already understand these principles (e.g., having participated in the MFS-I course). The core of the course deals with characteristics of various OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structure, and their role in the financial sector. The course also covers some aspects of financial statistics, dealing with financial flows and stocks of all sectors of the domestic economy and their interactions with the rest of the world; the balance sheet approach to vulnerability analysis; and the relationships between monetary, balance of payments, government finance, and national accounts statistics. The course consists of lectures and case studies to familiarize participants with practical aspects of compiling monetary statistics for OFCs and the basic principles underlying the compilation of national accounts. At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
Description: This course, presented by the Statistics Department, introduces the fundamentals of compiling monetary statistics, with special attention to other financial corporations (OFCs). It also gives an overview of financial statistics and national accounts. The course material is based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). Although the course summarizes the main principles underlying the compilation of monetary statistics, it assumes participants already understand these principles (e.g., having participated in the MFS-I course). The core of the course deals with characteristics of various OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structure, and their role in the financial sector. The course also covers some aspects of financial statistics, dealing with financial flows and stocks of all sectors of the domestic economy and their interactions with the rest of the world; the balance sheet approach to vulnerability analysis; and the relationships between monetary, balance of payments, government finance, and national accounts statistics. The course consists of lectures and case studies to familiarize participants with practical aspects of compiling monetary statistics for OFCs and the basic principles underlying the compilation of national accounts. At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
Description: This course, presented by the Statistics Department, introduces the fundamentals of compiling monetary statistics, with special attention to other financial corporations (OFCs). It also gives an overview of financial statistics and national accounts. The course material is based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). Although the course summarizes the main principles underlying the compilation of monetary statistics, it assumes participants already understand these principles (e.g., having participated in the MFS-I course). The core of the course deals with characteristics of various OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structure, and their role in the financial sector. The course also covers some aspects of financial statistics, dealing with financial flows and stocks of all sectors of the domestic economy and their interactions with the rest of the world; the balance sheet approach to vulnerability analysis; and the relationships between monetary, balance of payments, government finance, and national accounts statistics. The course consists of lectures and case studies to familiarize participants with practical aspects of compiling monetary statistics for OFCs and the basic principles underlying the compilation of national accounts. At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
Target Audience: Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Description: This course, presented by the Statistics Department, provides participants with an introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. Course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, and exercises covering practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) and the derivation of the respective surveys for the CB, ODCs, and the consolidated DCs sector. Participants should be prepared to ask questions and discuss challenges related to MFS compilation practices. This course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Description: This course, presented by the Statistics Department, prepares participants to compile monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. The course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, workshops, and case studies dealing with practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) for the CB and ODCs, and the derivation of the monetary survey for the CB, ODCs, and the depository corporations sector. At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
Description: This one week course, presented by the IMF Statistics Department, is designed to assist officials in the compilation of monetary and financial statistics in accordance with international best practices. The course material is based on the Monetary and Financial Statistics Manual and the Monetary and Financial Statistics: Compilation Guide, which expand on the definitions, classifications, and valuation principles for monetary and financial macroeconomic analysis within the framework of the System of National Accounts. The course discusses the principles of economic sectorization, the characteristics and classification of financial instruments, valuation, and other accounting issues that are relevant to the compilation of analytical accounts for the entire financial sector, comprising the central bank, other depository corporations, and other financial corporations. The course consists of lectures, workshops, and case studies that familiarize participants with practical aspects of monetary statistics compilation; in particular the recently introduced standardized report forms (SRFs). It also focuses on financial statistics, which comprise the financial flows and stocks of all sectors of the domestic economy and their interactions with the rest of the world, and the balance sheet approach for vulnerability analysis. Lectures address the interrelationships between monetary, balance of payments, government finance, and national accounts statistics. Participants are expected to make a short presentation on monetary statistics compilation issues in their countries.
Description: This course, presented by the Statistics Department, prepares participants to compile monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards. The course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The course discusses the principles of residency and sectorization of institutional units, the characteristics and types of financial instruments, valuation principles, and other accounting issues that are relevant to the compilation of monetary statistics. Participants also become familiar with the defining characteristics of depository corporations (DCs), notably their role as money issuers, and with the main principles on which analysis of monetary and credit aggregates is based. The course consists of lectures, workshops, and case studies dealing with practical aspects of compiling monetary statistics, especially the use of financial statements for filling out standardized report forms (SRFs 1SR and 2SR) for the CB and ODCs, and the derivation of the monetary survey for the CB, ODCs, and the depository corporations sector. At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.
