Broadening Financial Indicators in the Special Data Dissemination Standard

Broadening Financial Indicators in the Special Data Dissemination Standard PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498337856
Category : Computers
Languages : en
Pages : 41

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Book Description
In December 2008, the IMF Executive Board discussed the Seventh Review of Data Standards Initiatives, and Directors requested staff to return to the Board within about a year with a proposal for the inclusion of selected financial indicators in the Special Data Dissemination Standard (SDDS). This paper responds to the 2008 request taking into account recent developments. The recent financial crisis has heightened the need for policymakers, financial regulators and capital market participants to put in place conditions that would help prevent the occurrence of similar crises in the future. One of the areas identified by the international community as key in crises prevention is the availability of timely and more detailed financial data that could provide early warning signals of impending risks and vulnerabilities

Broadening Financial Indicators in the Special Data Dissemination Standard

Broadening Financial Indicators in the Special Data Dissemination Standard PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498337856
Category : Computers
Languages : en
Pages : 41

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Book Description
In December 2008, the IMF Executive Board discussed the Seventh Review of Data Standards Initiatives, and Directors requested staff to return to the Board within about a year with a proposal for the inclusion of selected financial indicators in the Special Data Dissemination Standard (SDDS). This paper responds to the 2008 request taking into account recent developments. The recent financial crisis has heightened the need for policymakers, financial regulators and capital market participants to put in place conditions that would help prevent the occurrence of similar crises in the future. One of the areas identified by the international community as key in crises prevention is the availability of timely and more detailed financial data that could provide early warning signals of impending risks and vulnerabilities

Broadening Financial Indicators in the Special Data Dissemination Standard

Broadening Financial Indicators in the Special Data Dissemination Standard PDF Author: Internationaler Währungsfonds
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In December 2008, the IMF Executive Board discussed the Seventh Review of Data Standards Initiatives, and Directors requested staff to return to the Board within about a year with a proposal for the inclusion of selected financial indicators in the Special Data Dissemination Standard (SDDS). This paper responds to the 2008 request taking into account recent developments. The recent financial crisis has heightened the need for policymakers, financial regulators and capital market participants to put in place conditions that would help prevent the occurrence of similar crises in the future. One of the areas identified by the international community as key in crises prevention is the availability of timely and more detailed financial data that could provide early warning signals of impending risks and vulnerabilities.

The Special Data Dissemination Standard

The Special Data Dissemination Standard PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1616359811
Category : Computers
Languages : en
Pages : 111

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Book Description
The International Monetary Fund (IMF) launched the data standards initiatives to enhance member countries’ data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the data standards initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. The SDDS not only prescribes that subscribers disseminate certain data categories, but also prescribes that subscribers disseminate the relevant metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. At the Eighth Review of the Fund’s Data Standards Initiatives in February 2012, the IMF’s Executive Board approved the SDDS Plus as an upper tier of the Fund’s data standards initiatives. The SDDS Plus is open to all SDDS subscribers and is aimed at economies with systemically important financial sectors.

The Special Data Dissemination Standard Plus

The Special Data Dissemination Standard Plus PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484365968
Category : Computers
Languages : en
Pages : 33

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Book Description
The International Monetary Fund (IMF) launched the Data Standards Initiatives to enhance member countries’ data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the Data Standards Initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. In February 2012, the IMF Executive Board approved the establishment of the SDDS Plus as a third tier of the Fund’s Data Standards Initiatives to address data gaps revealed during the global crisis. The SDDS Plus is open to all SDDS subscribers: those with systemically important financial sectors are encouraged to adhere early to the initiative.

Modifications to the Special Data Dissemination Standard Plus

Modifications to the Special Data Dissemination Standard Plus PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498343627
Category : Computers
Languages : en
Pages : 26

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Book Description
The Special Data Dissemination Standard Plus (SDDS Plus) was established in October 2012 to reinforce and supplement the Fund’s Data Standards Initiatives and assist Fund members who decide to adhere to the SDDS Plus with regard to the publication of comprehensive, timely, accessible, and reliable economic and financial statistical data in a world of continuing economic and financial integration. The SDDS Plus also requires adherents to disseminate metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. Following consultations conducted between Fund staff and members’ authorities of potential adherents to the SDDS Plus, it appeared necessary to introduce certain modifications to the SDDS Plus legal framework to facilitate adherence. These modifications are consistent with views expressed by Executive Directors in informal discussions with staff, and entail (i) extending the timeliness of three data categories and (ii) maintaining consistency with the principle underlying the SDDS Plus framework under which subscribers may chose to adopt new methodologies or continue to follow older ones. The Executive Board approved, on a lapse-of-time basis, the proposed decision in the paper. The existing rules governing the SDDS Plus are superseded by the new SDDS Plus legal text.

Revisions to the Special Data Dissemination Standard and Establishment of the Special Data Dissemination Standard Plus—Proposed Decisions

Revisions to the Special Data Dissemination Standard and Establishment of the Special Data Dissemination Standard Plus—Proposed Decisions PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498339808
Category : Computers
Languages : en
Pages : 35

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Book Description
The purpose of the Special Data Dissemination Standard (SDDS) is to guide member countries in the dissemination of comprehensive, timely, accessible, and reliable economic and financial statistical data in the context of increasing economic and financial integration. The SDDS not only prescribes that subscribers disseminate certain data categories, but also prescribes that subscribers disseminate the relevant metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. The purpose of the Special Data Dissemination Standard Plus (SDDS Plus) is to reinforce and supplement the Fund’s Data Standards Initiatives and assist Fund members who decide to adhere to the SDDS Plus with regard to the publication of comprehensive, timely, accessible, and reliable economic and financial statistical data in a world of continuing economic and financial integration. The SDDS Plus also requires adherents to disseminate metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. The Fund decided that the existing rules governing the SDDS are superseded by the new SDDS legal text. The Fund established the SDDS Plus, which is governed by the rules in the SDDS Plus legal text.

Proposed Amendments to the Special Data Dissemination Standard Plus and the Annex on the General Data Dissemination System

Proposed Amendments to the Special Data Dissemination Standard Plus and the Annex on the General Data Dissemination System PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344410
Category : Computers
Languages : en
Pages : 19

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Book Description
The Special Data Dissemination Standard Plus (SDDS Plus) was established in October 2012 to reinforce and supplement the Fund’s Data Standards Initiatives and assist Fund members who decide to adhere to the SDDS Plus with regard to the publication of comprehensive, timely, accessible, and reliable economic and financial statistical data in a world of continuing economic and financial integration. The SDDS Plus also requires adherents to disseminate metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. During the Ninth Review of the Fund’s data Standards Initiatives in May 2015 executive directors supported changing the transition period to meet all SDDS Plus requirements to five years after the adherence date. On July 1, 2015, the Executive Board approved the proposed change. The existing rules governing the SDDS Plus are superseded by the new SDDS Plus legal text.

Financial Soundness Indicators

Financial Soundness Indicators PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1589063856
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
Financial Soundness Indicators (FSIs) are measures that indicate the current financial health and soundness of a country's financial institutions, and their corporate and household counterparts. FSIs include both aggregated individual institution data and indicators that are representative of the markets in which the financial institutions operate. FSIs are calculated and disseminated for the purpose of supporting macroprudential analysis--the assessment and surveillance of the strengths and vulnerabilities of financial systems--with a view to strengthening financial stability and limiting the likelihood of financial crises. Financial Soundness Indicators: Compilation Guide is intended to give guidance on the concepts, sources, and compilation and dissemination techniques underlying FSIs; to encourage the use and cross-country comparison of these data; and, thereby, to support national and international surveillance of financial systems.

Special Data Dissemination Standard Plus

Special Data Dissemination Standard Plus PDF Author:
Publisher:
ISBN: 9781484348130
Category : Disclosure of information
Languages : en
Pages : 22

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Book Description
The International Monetary Fund (IMF) launched the Data Standards Initiatives to enhance member countries{u2019} data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the Data Standards Initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. In February 2012, the IMF Executive Board approved the establishment of the SDDS Plus as a third tier of the Fund{u2019}s Data Standards Initiatives to address data gaps revealed during the global crisis. The SDDS Plus is open to all SDDS subscribers: those with systemically important financial sectors are encouraged to adhere early to the initiative.

Why are the G-20 Data Gaps Initiative and the SDDS Plus Relevant for Financial Stability Analysis?

Why are the G-20 Data Gaps Initiative and the SDDS Plus Relevant for Financial Stability Analysis? PDF Author: Mr.Robert M. Heath
Publisher: International Monetary Fund
ISBN: 1475596863
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
In the wake of the recent global crisis the international community is giving an increased focus on stability of the financial system, so-called financial stability analysis. With the increasing need for data sets to undertake this analysis, the question naturally arises as to what types of data are needed? While various data initiatives are underway, two initiatives at the forefront are: (1) the IMF/FSB G-20 Data Gaps Initiative (DGI) created by the international statistical community and endorsed by the G-20 Finance Ministers and Central Bank Governors as well as the IMF’s International Monetary and Financial Committee, and (2) the new Special Data Dissemination Standard Plus (SDDS Plus), aimed particularly at economies with systemically important financial sectors. This paper explains the relevance of the DGI for financial stability analysis and the close link with the SDDS Plus. The importance of the SDDS Plus in promoting the dissemination to the public of a core set of data for financial stability analysis is emphasized.