Eastern Caribbean Central Bank: Report on Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework (DQAF)

IMF Staff Country Reports, August 21, 2007

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Canonical URL: Eastern Caribbean Central Bank: Report on Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework (DQAF)

Focus: Monetary Statistics Component of the Regional Data Module Report on the Observance of Standards and Codes for the Eastern Caribbean Central Bank (ECCB).
Date: August 21, 2007.
Scope: Assessment using the Data Quality Assessment Framework (DQAF).

With respect to the prerequisites of quality and assurances of integrity, the legislation broadly supports mandatory data reporting and the confidentiality of the reported data.
The ECCB’s responsibility for compiling and disseminating monetary statistics to the public is not clearly specified in the law.
Regarding resources, the number of staff allocated to the compilation of monetary statistics is inadequate.

Subject: Banking, Commercial banks, Data processing, Data Quality Assessment Framework (DQAF), Economic and financial statistics, Financial institutions, Financial statistics, Monetary statistics.
Keywords: Caribbean, commercial bank, Commercial banks, commercial banks vis-à-vis, CR, data, Data processing, Data Quality Assessment Framework (DQAF), data review need, ECCB, ECCB website, Financial statistics, IMF GDDS website, ISCR, Monetary statistics, procedure, staff resource, verification procedure.

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