Cover IMF Working Papers
Buy Book in Print
Financial Innovation and Statistical Methodological Guidance—Key Considerations
Author:
Mr. Joe Crowley
Search for other papers by Mr. Joe Crowley in
Current site
Google Scholar Close
,
Marco A Espinosa-Vega null

Search for other papers by Marco A Espinosa-Vega in
Current site
Google Scholar Close
,
Elizabeth Holmquist
Search for other papers by Elizabeth Holmquist in
Current site
Google Scholar Close
,
Ken Lamar
Search for other papers by Ken Lamar in
Current site
Google Scholar Close
,
Emmanuel Manolikakis
Search for other papers by Emmanuel Manolikakis in
Current site
Google Scholar Close
,
James McAndrews null

Search for other papers by James McAndrews in
Current site
Google Scholar Close
, and
Holt Williamson
Search for other papers by Holt Williamson in
Current site
Google Scholar Close
Series:
IMF Working Papers
Volume/Issue:
Volume 2022: Issue 212
Language:
English
Publication Date:
28 Oct 2022
DOI:
https://doi.org/10.5089/9798400224157.001
ISBN:
9798400224157
ISSN:
1018-5941
Pages:
63
Keywords:
Non Bank Financial Intermediation; Market-Based Finance; System of National Accounts; Crypto Assets; NBFI taxonomy; NBFI data collection; enhanced Financial Stability Board; information on nonbank financial intermediary; Non-Bank Payment Service Providers; Virtual currencies; Nonbank financial institutions; Commercial banks; Fintech; Global
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (2.4 MB) Download Epub
Financial risks outside of the traditional banking sector can quickly spread throughout financial systems and lead to disruptions in the real economy. A lack of adequately detailed financial sector statistics can obscure buildups of risks from policymakers and hinder their ability to effectively respond once these risks materialize. In response, authorities worldwide, international organizations, including the IMF, and the Group of 20 (G-20), called for financial reforms and launched efforts to gather information on nonbank financial intermediary (NBFI) activities—including the Data Gaps Initiative (DGI) and enhanced Financial Stability Board (FSB) NBFI data collection. While these initiatives represent significant strides to strengthen NBFI’s data collection, there continue to be gaps in the conceptual and methodological guidance in the financial and macroeconomic statistics manuals on which the FSB, DGI, and national authorities rely; gaps that are increasing in light of increased globalization and the financial sector digitalization. This paper proposes conceptual guidance to help bridge existing and emerging gaps.
  • Collapse
  • Expand
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund