Once an FIU is established and has been functioning for a while, it becomes necessary to assess its effectiveness as well as that of the country’s entire AML/CFT system. Such assessments should be conducted periodically to ensure that the FIU and the system as a whole are continuously striving to improve their effectiveness, This is consistent with good public sector management policy and is now also an FATF standard.173
5.1 This chapter discusses the coverage, periodicity, and timeliness of three additional Special Data Dissemination Standard Plus (SDDS Plus) data categories under the external sector: coordinated portfolio investment survey (CPIS), coordinated direct investment survey (CDIS), and currency composition of official foreign exchange reserves (COFER). These data are important for monitoring cross-border inter-connectedness.
236. Section IV of the template provides supplementary information covering (1) positions and flows not disclosed in Sections I—III but deemed relevant for assessing the authorities’ reserves and foreign currency liquidity positions and risk exposure in foreign exchange; (2) additional details on positions and flows disclosed in Sections I—III; and (3) positions and flows according to a breakdown or valuation criteria different from those found in Sections I—III.
5.1 The procedure used for price collection by a national statistical office in the production of a consumer price index (CPI) is a sample survey. In fact, in many countries, it might be better viewed as composed of many different surveys, each covering different subsets of the products covered by the index. We will therefore begin by outlining some of the general concepts of survey sampling which need to be kept in mind when looking at a particular survey such as price collection for a CPI.
5.1 The balance sheet, or the stock of assets and liabilities, and income and expense statements of deposit takers (DTs) and other financial corporations (OFCs) are fundamental to understanding their financial condition.1 Data series obtained from such statements can be used to calculate most of the FSI ratios for financial corporations, although additional series are needed to complete the full set. In addition to data reported by individual institutions, other data are required to make adjustments at the group level, primarily to eliminate transactions and positions among institutions within the same group.2 Data for constructing the financial statements for nonfinancial corporations (NFCs) and households (HHs) are mainly obtained from the system of national accounts (SNA), in particular the financial accounts.