Committee on Monetary, Financial and Balance of Payments Statistics (CMFB)

Main features

The Committee for Monetary, Financial and Balance of Payments statistics (CMFB) was established by a Council Decision in 1991 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 has played an important advisory role in the statistical issues related to Excessive Deficit Procedure 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.

Major recent developments

20 October 2008	Minutes of the CMFB meeting held on 3 - 4 July 2008
27 May 2008	Minutes of the CMFB meeting held on 31 January - 1 February 2008
11 April 2008	European Statistical System guidelines on seasonal adjustment
31 March 2008	Final Report on Task Force on Seasonal Adjustment of Quarterly National Accounts
31 March 2008	Final Report of the Eurostat/ECB Task Force on the statistical measurement of the assets and liabilities of pension schemes in general government to the CMFB
28 November 2007	Joint reply of the Business Statistics Directors' Group (BSDG) and the CMFB to the IASB proposed IFRS for small and medium sized entities (SMEs)
30 October 2007	EFC Status report "Status Report on information requirements in EMU, Economic and Financial Committee" (the ECOFIN adopts every year an EFC Status Report. The latest Status report is included on the website)
18 October 2007	Minutes of the CMFB meeting held on 28-29 June 2007 in Luxembourg
4 July 2007	Guidelines on communication of major statistical revisions in the European Union
11 April 2007	CMFB opinion concerning securitisation operations undertaken by Government
25 June 2007	Eurostat decision concerning securitisation operations undertaken by Government
11 April 2007	Minutes of the CMFB meeting held on 1-2 February 2007 in Luxemburg
1 February 2007	Revised procedures for consultations about the statistics underlying the Excessive Deficit Procedure
1 February 2007	Work programme 2007 - 2008 of the CMFB
13 November 2006	Council Decision (2006/856/EC) establishing a Committee on monetary, financial and balance of payments statistics (CMFB hereafter) can be considered as the CMFB’s Statute. (links to English, French, German versions)

	Main topics
	Government finance and EDP statistics
	Balance of Payments
	Financial Accounts
	Institutional Sector Accounts
	Other Financial Statistics
	Statistical methods
	Other related matters
	National accounts

This page was last updated on 20-10-2008