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

10 November 2009	EFC Status report, "Status Report on Information Requirements in EMU," Economic and Financial Committee (the ECOFIN Council adopts every year an EFC Status Report. The latest Status report is included on the website)
22 September 2009	Minutes of the CMFB meeting held on 2-3 July 2009
6 August 2009	CMFB opinion concerning the revised EDP notification tables and questionnaire
29 June 2009	Minutes of the CMFB meeting held on 5 - 6 February 2009
18 March 2009	CMFB opinion concerning statistical accounting consequences for government of the financial turmoil, and background document
18 March 2009	CMFB opinion concerning statistical accounting consequences for government of the financial turmoil: UK's "Special Liquidity Scheme", and background document
15 July 2009	Eurostat decision concerning the statistical recording of public interventions to support financial institutions and financial markets during the financial crisis
5 February 2009	Work programme 2009 - 2010 of the CMFB
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)
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
1 February 2007	Revised procedures for consultations about the statistics underlying the Excessive Deficit Procedure
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
	National accounts
	Balance of Payments
	Financial Accounts
	Institutional Sector Accounts
	Other Financial Statistics
	Statistical methods
	Other related matters

This page was last updated on 2-12-2009