High-Level Summary Technical Assistance Reports

Republic of San Marino: Report on the Financial Soundness Indicators and Monetary and Financial Statistics Technical Assistance Mission

By Brian Kwok Chung Yee, Darja Milic

June 30, 2023

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Format: Chicago

Brian Kwok Chung Yee, and Darja Milic. Republic of San Marino: Report on the Financial Soundness Indicators and Monetary and Financial Statistics Technical Assistance Mission, (USA: International Monetary Fund, 2023) accessed November 12, 2024

Summary

This paper presents the report on the financial soundness indicators (FSI) and monetary and financial statistics (MFS) technical assistance mission in San Marino. The mission reviewed and updated the bridge tables that are used to compile the FSIs for transmission to the statistics department (STA). Source data for compiling FSIs for commercial banks are adequate and generally meet the criteria established by the 2019 FSIs Guide for publication in the IMF’s FSI data portal. The mission also recommends updating the metadata accompanying the publication of revised FSIs. Because of the mission, the Central Bank of San Marino should be able to implement the new FSI Standardized Reports, FSI Institutional Coverage and FSI Metadata. The mission also reviewed the treatment of banks in liquidation in the compilation of MFS, particularly the recent case of banks in suspension of payments. A timeframe for reporting new FSI report forms and revised MFS data to STA has also been discussed and agreed on with the authorities.

Subject: International organization, Monetary policy

Keywords: Financial Soundness Indicators, Monetary and Financial Statistics

Publication Details

  • Pages:

    4

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    High Level Summary Technical Assistance Report No. 2023/008

  • Stock No:

    HLSEA2023008

  • ISBN:

    9798400246067

  • ISSN:

    2959-4103

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