), and credit administration companies (CAC); and (ii) compile standardized monetary statistics for OFC (report form SRF 4SR) in line with the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG) . The officials met during the mission are listed in Appendix I.
2. The OFC sector represents a significant share of the financial system . OFC’s financial assets account for more than 36 percent of total financial sector assets—as reported in the 2018 Annual Report of the BCU. Consequently, OFCcompilation is a high priority. Currently, the BCU
B. Insurance Companies
C. Pension Funds
D. Credit Administration Companies
E. Mutual Funds and Financial Trusts
F. Balance Sheet Approach
G. Financial Soundness Indicators
H. Resources and Technical Assistance
I. OFCCompilation Systems and Integrated Monetary Database
1. Priority Recommendations
2. Structure of the Financial System (Summary) (September 2019)
3. Types of OFC and Frequency of Data Reported to the BCU
4. Simplified Balance Sheet of IC
5. Simplified Balance Sheet of Pension Funds
recommended for OFCs’ compilation. 5
Periodicity and Timeliness
4.6 Periodicity . The SDDS Plus prescribes the dissemination of quarterly data.
4.7 Timeliness . The SDDS Plus requires data to be disseminated within one quarter after the end of the reference quarter.
Financial Soundness Indicators: Coverage
4.8 Under this data category, SDDS Plus prescribes the compilation and dissemination of data for seven FSIs that characterize important aspects of the activities of deposit-taking institutions. In this context, SDDS Plus adherents are required to
At the request of the Central Bank of Uruguay (BCU), and with the support of the International Monetary Fund’s (IMF’s) Western Hemisphere Department (WHD), a monetary and financial statistics (MFS) technical assistance (TA) mission from the IMF’s Statistics Department (STA) visited Montevideo during February 3-14, 2020. The main objectives of the mission were to: (i) review available source data for other financial corporations (OFC); in particular, insurance corporations (IC), pension funds (PF), and credit administration companies (CAC); and (ii) compile standardized monetary statistics for OFC (report form SRF 4SR) in line with the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG). The officials met during the mission are listed in Appendix I.
financial corporations (OFCs). The stock and flow data for the central bank are those that directly appear in its sectoral balance sheet, given that the central bank is a single institutional unit. The stock and flow data for the other institutional units in the financial corporations (FCs) sector are the data that are reported to the compilers of the monetary and financial statistics, who aggregate the data across institutional units to construct the sectoral balance sheets of ODCs and OFCs. Compilation of the sectoral balance sheets and surveys that are derived from the