CMFB - Committee on Monetary, Financial and Balance of Payments Statistics

The Committee on Monetary, Financial and Balance of Payments Statistics (CMFB) was established by a Council Decision in 1991 (91/115/EEC) to assist the European Commission in drawing up and implementing work programmes concerning monetary, financial and balance of payments statistics. In recent years, the CMFB had played an important advisory role in the statistical issues related to Excessive Deficit Procedure (EDP) decisions. The CMFB is the forum for co-ordination of statisticians from the national statistical institutes and Eurostat on the one hand, and the national central banks and the European Central Bank on the other.


Recent developments around the CMFB


28-29 January 2016
Main conclusion of the 51st CMFB Plenary meeting (link).

27 January 2016
The CMFB marked its 25th anniversary with a small event hosted by the ECB. 

15 January 2016
ESS – ESCB quality assessment report on statistics underlying the Macroeconomic Imbalances Procedure (link)

7 September 2015
CMFB opinion of the statistical classification of entities under resolution (link)

25 August 2015
Main conclusion of the 50th CMFB Plenary meeting (link)

2 March 2015
Letter from the Chairman of the CMFB to the Chairman of the EPC and Chairman of the EFC SCS concerning the revised treatment of EUR banknotes in national bop-iip statistics (link)

19 February 2015
Main conclusion of the 49th CMFB Plenary meeting (link)