Monetary and Financial Statistics - Advanced (MFS-A)

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The 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 the 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.

Application of MFS in constructing the balance sheet approach (BSA) matrix and in the IMF's financial programming framework.
Use of standardized report forms (SRFs) to compile monetary statistics and derive analytical surveys, including the OFCs Survey (OFCS) and the financial corporations survey (FCS).
Integration of MFS with broader macroeconomic statistics under the topic: Macroeconomic Statistics.
Coverage of cutting-edge issues: Fintech, digital money and climate finance.

Combination of lectures and case studies to equip participants with practical skills for compiling monetary statistics for the OFCs subsector using SRFs.
Emphasis on deriving analytical surveys from SRFs, specifically the OFCS and FCS.
Strong emphasis 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.
Qualifications: Participants are expected to have a degree in economics or statistics, or equivalent experience.

Analyze the conceptual framework underlying MFS compilation, focusing on sectoring, classification, and valuation of financial instruments, as well as accounting principles.
Describe the role of OFCs in the financial sector and distinguish between different types of OFCs.
Produce detailed analytical presentations of monetary data including OFCS and FCS using the IMF¿s SRFs.
Identify and assess the interconnections of MFS within the IMF¿s Macroeconomic Framework as well as its use in the BSA.
Establish a foundational understanding of the impacts of FinTech and climate change on financial sector statistics.