The Finance Team Government Finances. Who are we and what do we do? Consists of 8 persons Non-financial accounts for the financial sector, quarterly and.

Slides:

Advertisements

Similar presentations

Recently released ECB statistics on securitisation Jani Matilainen DG-Statistics / ECB OECD Working Party on Financial Statistics Paris, 24 October 2011.

Advertisements

Measuring Banking and Insurance: The U.S. Experience Brian C. Moyer Associate Director for Industry Accounts 12 th OECD-NBS Workshop on National Accounts.

1 National Balance Sheet Accounts in Israel Methods and Uses.

Draft Handbook on National Accounting Financial Production, Flows and Stocks in the System of National Accounts OECD WP on National Accounts October.

Implementation of 2008 SNA in Jamaica. Outline Policy issues - relationship with national accounts framework The Jamaican System of National Accounts.

Financial Accounts: Practice for Turkey National Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics in Turkey.

Regional Seminar on Developing a Programme for the Implementation of the 2008 SNA and Supporting Statistics January 30-February 1, 2013 Kingston, Jamaica.

Reserve Bank Of India To regulate the issue of bank notes. To maintain reserves with a view to securing monetary stability. To operate the credit & currency.

PRIME MINISTRY REPUBLIC OF TURKEY TURKISH STATISTICAL INSTITUTE TurkStat NATIONAL ACCOUNTS IN TURKEY 1 TurkStat.

The Financial Corporations Sector, its subsectors and Institutional Units STATE STATISTICAL COMMITTEE OF AZERBAIJAN REPUBLIC Istanbul, May 6-8, 2015.

Government Sector Workshop on the Implementation of the 2008 SNA, 29 November-02 December 2011, Kiev REPUBLIC OF MACEDONIA STATE STATISTICAL OFFICE Agenda.

Department of National Accounts TURKISH STATISTICAL INSTITUTE (TurkStat) Workshop on the Implementation of the SNA-2008 in EECCA Countries and Linkages.

GENERAL GOVENMENT SECTOR OF THE REPUBLIC OF ARMENIA Workshop on implementation of the 2008 SNA in EECCA countries and linkages with BPM6 and GFSM 2014.

The Financial Corporations Sector, its subsectors and Institutional Units STATE STATISTICAL COMMITTEE OF AZERBAIJAN REPUBLIC Istanbul, May 6-8, 2015.

Balance of Payments Collection and Compilation 23 Feb 2012 Central Statistics Office Ireland.

New financial sector delineation in ESA 2010: First assessment for the financial accounts in Austria Workshop on SNA 2008 / ESA 2010 OECD - October 2011.

Icelandic experience of QIS3 – What to be expected in QIS4 and nearest future? credit market securities market pension- market insurance market Solvency.

Overview of Main Changes in 2008 SNA (Financial) Training Workshop on System of National Accounts for ECO Member Countries October 2012, Tehran,

JOINTLY ORGANISED BY UNECE, EFTA, AND EUROSTAT, IN COLLABORATION WITH IMF AND TURKSTAT NOVEMBER 2013, ISTANBUL, TURKEY COUNTRY PRESENTATION: ALBANIA.

MONGOLIA: IMPLEMENTATION OF THE 2008 SNA 1 B.BADAMTSETSEG Director of Macro Economic and Statistical Department, NSO Meeting the expert group on National.

Copyright © 2003 by South-Western/Thomson Learning. All rights reserved. CHAPTER 11 An Introduction to Financial Intermediaries and Risk.

African Centre for Statistics United Nations Economic Commission for Africa Short overview of institutional sectors accounts Clementina Ivan-Ungureanu.

SNA 1993 Updating - Issue 6a Financial Services, FISIM Giovanni Savio Statistics Coordination Unit, UN-ESCWA Workshop on National Accounts Cairo,

An enhanced methodology of compiling financial intermediation services indirectly measured (FISIM) Reimund Mink Paris, 14 October 2008.

Statistics on Non-Bank Financial Sector: Experience of Central Bank of Turkey Aycan Ozek Statistics Department Deputy Director Joint National Bank of the.

THE USE OF ADMINISTRATIVE BANKING AND INSURANCE DATA 1 Presented by Hazel Corbin Statistics Adviser, ECCB Palm Haven Hotel Saint Lucia 3 to 7 February,

GENERAL GOVENMENT SECTOR OF THE REPUBLIC OF ARMENIA Workshop on implementation of the 2008 SNA in EECCA countries and linkages with BPM6 and GFSM 2014.

Financial Sector (continued) Training Workshop on System of National Accounts for ECO Member Countries October 2012, Tehran, Islamic Republic of.

Economic perspectives, annual address 2009 Economic Bulletin1/09.

Chapter 1. Sovereign debt Percentage of GDP Sources: Reuters EcoWin and IMFChart 1:1.

Workshop on the Implementation and Links between the System of National Accounts 2008 and the Government Finance Statistics Manual 20 – 22 November 2013,

St. Vincent and the Grenadines Statistical Office IMPLEMENTATION OF 2008 SNA AND SUPPORTING ECONOMIC STATISTICS UNSD – KINGSTON, JAMAICA 30 JANUARY – 1.

ECB initiatives for comprehensive, consistent and timely statistics for the euro area Deputy Director-General Statistics, ECB Werner Bier.

International Statistical Committee of the Commonwealth countries ( CIS Statistical Committee ) CIS Statistical Committee Work on Coordination and Implementation.

The 12th OECD-NBS Workshop on National Accounts Research on Real Value-added Measure of the Finance Industry in China (LU Feng, NBS) Comments on paper.

Implementation of the 2008 System of National Accounts in Azerbaijan and some challenges of FISIM estimation Author: Nuru Suleymanov State Statistics Committee.

Copyright 2010, The World Bank Group. All Rights Reserved. Copyright 2010, The World Bank Group. All Rights Reserved Economic statistics, part 1 Business.

Inflation Report November Money and asset prices.

1 Sources and methods to calculate internal reference rate and allocate FISIM to user sectors Emilia Scafuri ISTAT, Italy.

Output of the U.S. Financial Sector: Measuring the services of banks andinsurance companies Brian C. Moyer Deputy Chief National Income and Wealth Division.

FISIM: Current Research at Statistics Canada October 4th and 5th, 2010 Eurostat Task Force on FISIM Jim Tebrake – Statistics Canada.

FISIM allocation to user sectors by currencies János Polonkai, Hungarian CSO

Renata Bielak Central Statistical Office of Poland Consolidation in the Polish Financial Accounts Consolidation in the Polish Financial Accounts OECD WORKING.

Treatment of Risks in the Measurement of FISIM Satoru Hagino Director, Statistics Development and Coordination Research and statistics department Bank.

Eurostat Financial accounts ESTP course - MIP Luxembourg 1-3 December 2015 Sheldon Warton-Woods Eurostat C-1.

FINANCIAL ACCOUNTS IN SLOVENIA Skopje, October 2013 Matjaž Noč.

>> The division of labour and cooperation between Danmarks Nationalbank and Statistics Denmark Financial accounts.

Accounting for Credit Default Risk in FISIM Brent Moulton Advisory Expert Group on National Accounts 13–15 April 2016.

Danish GFS compilation system Use of primary data in national accounts By Kristina Stæhr Vest Gitte Frej Knudsen Martin Rasmussen.

Real Sector Division IMF Statistics Department The views expressed herein are those of the authors and should not necessarily be attributed to the IMF,

1 National Balance Sheet Accounts in Israel Methods and Uses.

>> Financial accounts in Denmark The organization of the work and data sources.

M O N T E N E G R O Negotiating Team for Accession of Montenegro to the European Union Working Group for Chapter 18 – Statistics Bilateral screening: Chapter.

Part A: UK Consumer Credit

Item 5а National Accounts of Ukraine: Current Status and Development Perspectives Irina N. Nikitina Director of Macroeconomic Statistics Workshop on the.

Local government accounts

Non-profit institutions serving households (NPISH)

THE BAHAMAS COUNTRY PRESENTATION

Observed differences between quarterly and annual financial accounts data, comparing total financial assets and liabilities Item 5 Eurostat Task Force.

FINANCIAL CORPORATIONS SECTOR

UNITED NATIONS NATIONAL ACCOUNTS

Non-profit institutions serving households (NPISH)

United Nations Statistics Division

Financial Sector (continued)

General Government Accounts in Israel

WORKSHOP ON ISLAMIC FINANCE IN THE NATIONAL ACCOUNTS

Regional Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics Bengi YOSUNKAYA September 2013 Ankara.

Non-profit institutions serving households (NPISH)

Sector Accounts: Financial Corporations

GENERAL GOVERNMENT Marga Hüttner.

Presentation transcript:

The Finance Team Government Finances

Who are we and what do we do? Consists of 8 persons Non-financial accounts for the financial sector, quarterly and yearly Financial accounts, yearly FISIM Dividends Statistics on money and capital market

Encrypted Formal arrangement Homepages Greens Formal arrangement The Central Bank Danish financial supervisory authority Annual reports Validation of data by: -comparing the data from the different sources -following the daily news -looking at time-series Non financial accounts Financial accounts Sources Other statistics Collection of data from large finance companies

FISIM sources Calculate FISIM on a quarterly basis. Sources –central bank – the MFI’s interests and balances with counterpart information –Consumer credit –Large finance companies –Financial accounts, rest of the world

FISIM - revisions Three currencies –DKK, EUR and everything else. Two maturities –information available from the current sources from 2003 and onwards – backward calculation to 1966 Risk –the central bank has some information, but it is very poor

Dividends Yearly - Annual Reports for the financial sectors - Accounts Statistics for households and non-financial sector Quarterly - Securities Statistics from the Central Bank Used by National Accounts office We do not compile for rest of the world and general government

Insurance - revision of output Current calculation: –Life/Pension: sum of costs –Non-life: premiums + supplementary premiums – claims Revised calculation: –Life/pension: sum of costs –Non-life: premiums + supplementary premiums – adjusted claims or sum of costs Sources: Financial supervisory authority

Publication The finance team only publish the annual financial accounts. The non-financial accounts, FISIM and dividends are used as input in the final sector accounts in the National Accounts office.