Financial Soundness Indicators (FSIx)

Source details

Target Audience:
- Officials at central banks and supervisory agencies for the financial sector who are involved in the collection, compilation, and analysis of financial soundness indicators (FSIs).
Qualifications:
- Participants are expected to have a degree in economics, statistics, finance or accounting, or equivalent experience.
- Access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

Presented by the Statistics Department, of the International Monetary Fund (IMF).
Introduces participants to the underlying concepts, definitions, and methodology for the compilation of Financial Soundness Indicators (FSIs).
Historical and usage context:
- FSIs were developed by the IMF in the late 1990 s and currently, more than 140 countries compile and report FSIs to the IMF.
- FSIs are widely used by researchers, analysts, and policymakers to monitor the soundness of the financial system from a macroprudential perspective, and by IMF staff in financial stability analysis and surveillance.
Topics covered:
- History of the FSIs and their application in surveillance and macroprudential analysis.
- The conceptual framework for the FSIs, including application of regulatory capital, leverage, and liquidity concepts used in FSI compilation.
- The data collection process for FSI compilation and its underlying aggregation and consolidation methodologies.
- The application of core and additional FSIs in macroprudential analysis.
Reference material:
- An important reference throughout the course is the Financial Soundness Indicators Compilation Guide revised in 2019.
- The 2019 FSIs Guide is the ultimate authority on FSI concepts and methods and is the foundation of this course.