Front Matter

Front Matter

Author(s):
International Monetary Fund. Statistics Dept.
Published Date:
October 2013
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    The Special Data Dissemination Standard Plus

    Guide for Adherents and Users

    2013

    © 2013 International Monetary Fund

    Cataloging-in-Publication Data

    Joint Bank-Fund Library

    The Special Data Dissemination Standard Plus: guide for adherents and users.

    Washington, D.C., International Monetary Fund, 2013.

    35 p.: col. iII.; cm.

    Includes bibliographical references.

    1. International finance – Statistics – Standards. 2. International finance -Statistics – Handbooks, manuals, etc. 3. Disclosure of information – Standards. 4. Disclosure of information – Handbooks, manuals, etc. 5. Economic indicators –Statistics – Standards. 6. Economic indicators – Statistics – Handbooks, manuals, etc. I. International Monetary Fund.

    HG3881.S63 2013

    • ISBN: 978-1-48436-596-0 (Paper)

    • 978-1-48430-771-7 (ePub)

    • 978-1-48434-813-0 (Mobi pocket)

    • 978-1-48433-463-8 (Web PDF)

    Please send orders to:

    International Monetary Fund, Publication Services

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    Contents

    Preface

    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 IMF’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.

    As part of the Data Standards Initiatives and in support of ready access by the public to information on countries’ dissemination practices, the IMF established an electronic bulletin board, called the Dissemination Standards Bulletin Board (DSBB), on the IMF website (http://dsbb.imf.org). The DSBB posts information that SDDS subscribers provide the IMF on their dissemination practices and offers direct links to the economic and financial data that countries disseminate under the SDDS. The DSBB also displays information that GDDS participants make available to the IMF on their statistical practices. In addition, the DSBB posts information on SDDS Plus adherents.

    Subscription to the SDDS, participation in the GDDS, and adherence to the SDDS Plus are voluntary. However, SDDS subscribers and SDDS Plus adherents must observe certain good dissemination practices and the IMF monitors such observance. Compared with the SDDS, the SDDS Plus is a more rigorous tier that requires adherents to disseminate a broader range of data with specified periodicity and timeliness. There is no requirement for GDDS participants to disseminate data, though they are encouraged to do so. Participants in the GDDS should develop plans to improve their statistics.

    SDDS Plus Guide

    The provisions related to the implementation of the SDDS Plus track those of the SDDS, although the SDDS Plus includes a further nine data categories with specified coverage, periodicity, and timeliness requirements related to these additional data categories. This SDDS Plus Guide elaborates in greater detail the requirements for these nine data categories. The SDDS requirements are described in the SDDS Guide, which should be consulted together with this guide.

    Acknowledgments

    This SDDS Plus Guide was prepared by staff in the Data Dissemination and Review Division of the IMF’s Statistics Department, under the general direction of the Division Chief. Stella Addo and Julia Fookson provided administrative support in preparing the guide.

    The guide has benefited from comments and suggestions from SDDS coordinators, experts from other international institutions, and staff of the IMF’s Statistics and other IMF Departments.

    Louis Marc Ducharme

    Director

    Statistics Department

    International Monetary Fund

    Abbreviations

    2008 SNA

    System of National Accounts, 2008

    ARC

    Advance Release Calendar

    BCBS

    Basel Committee on Banking Supervision

    BIS

    Bank for International Settlements

    BPM6

    Balance of Payments and International Investment Position Manual, sixth edition

    CBCSDI

    Cross-Border, Cross-Sector Consolidation Basis for All Domestically Incorporated Entities

    CDIS

    Coordinated Direct Investment Survey

    COFER

    Currency Composition of Official Foreign Exchange Reserves

    CPIS

    Coordinated Portfolio Investment Survey

    DCCBS

    Domestically Controlled, Cross-Border, Cross-Sector Consolidation Basis

    DSBB

    Dissemination Standards Bulletin Board

    ECB

    European Central Bank

    FSI Guide

    Financial Soundness Indicators Compilation Guide (2006)

    FSIs

    Financial Soundness Indicators

    G-20

    Group of Twenty

    GDDS

    General Data Dissemination System

    GFSM 2001

    Government Finance Statistics Manual (2001)

    GGD

    General Government Total Gross Debt

    GGO

    General Government Operations

    IAG

    Inter-Agency Group on Economic and Financial Statistics

    ICS

    Integrated Correspondence System

    IMF

    International Monetary Fund

    IMFC

    International Monetary and Financial Committee

    MFSM

    Monetary and Financial Statistics Manual (2000)

    NPISHs

    Nonprofit Institutions Serving Households

    NPLs

    Nonperforming Loans

    NSDP

    National Summary Data Page

    OECD

    Organization for Economic Cooperation and Development

    OFCs

    Other Financial Corporations

    OFCS

    Other Financial Corporations Survey

    PSDSG

    Public Sector Debt Statistics Guide 2011

    PSO

    Public Sector Operations

    ROSC

    Reports on the Observance of Standards and Codes

    RWA

    Regulatory Tier 1 Capital to Risk-Weighted Assets

    SDDS

    Special Data Dissemination Standard

    SDDS Guide

    The Special Data Dissemination Standard: Guide for Subscribers and Users

    SDDS Plus

    Special Data Dissemination Standard Plus

    SDDS Plus Guide

    The Special Data Dissemination Standard Plus: Guide for Adherents and Users

    SDMX

    Statistical Data and Metadata eXchange

    TFFS

    Task Force on Finance Statistics

    UNCTAD

    United Nations Conference on Trade and Development

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