Federated States Of Micronesia Technical Assistance Report Financial Soundness Indicators Mission PDF Download

The International Monetary Fund’s (IMF’s) Statistics Department (STA) provided technical assistance (TA) on financial soundness indicators (FSIs) to Centrale Bank van Curaçao en Sint Maarten (CBCS) during April 25–May 9, 2022. The mission worked with the staff of the CBCS on the development of FSIs that are in line with the IMF’s 2019 FSIs Guide. The mission (i) reviewed the institutional framework for collection and dissemination of FSIs data for both Curaçao and Sint Maarten; (ii) examined the source data, institutional coverage, and accounting and regulatory frameworks used in the compilation of the FSIs for deposit takers (DTs); (iii) assisted the CBCS in compiling FSIs for DTs on the basis of internationally accepted standards as set out in the IMF’s 2019 FSIs Compilation Guide (2019 FSIs Guide) separately for Curaçao and Sint Maarten with the aim of reporting to STA for dissemination; (iv)prepared the accompanying metadata for posting on the IMF’s FSI website; (v) assessed dataavailability to compile FSIs for other financial corporations (OFCs); and (vi) addressed some other issuesrelated to the FSIs compilation and reporting that the CBCS’s staff raised.