Working Party on Financial Statistics - OECD Conference centre, La Muette: 2-4 November 2009

1. 

COM/STD/DAF/A(2009)1

COM/STD/DAF/M(2008)1

2.

Securitisation (for discussion and decision)

The securization process in OECD countries:  summary of the main findings of the 2nd survey, by Beatriz Sanz, Bank of Spain

COM/STD/DAF(2009)11

PowerPoint presentation

2.b.

National presentations on the development of securitisation in OECD countries
 -- Presentation by Dominique Durant, Bank of France:
"The development of securitization in France and its apprehension in the financial statistics"
  -- Presentation by Jenny Owladi, Bank of England: 
"The UK securitization market:  recent developments, and possible recovery"
 -- Presentation by Mary Cussen and Clive Jackson, Bank of Ireland: "Securitization in Ireland"
 -- Presentation by Yoshiko Sato, Bank of Japan: "Measuring securization in the Flow of Funds Accounts in Japan"
 -- Presentation by Allan Thomas, Statistics Canada:  "Securitization Activity in Canada: Market Developments"
 -- Presentation by Reimund Mink, ECB:
"Securitisation according to the BIS-ECB-IMF Handbook on Securities Statistics"

PowerPoint presentation

PowerPoint presentation

PowerPoint presentation

COM/STD/DAF(2009)7

PowerPoint presentation

COM/STD/DAF(2009)10

PowerPoint presentation

PowerPoint presentation

Oral Statement

An update of the work carried out by the Task Force on the Valuation and Measurement of Equity and a proposal for a survey on the valuation of unquoted shares by Michèle Chavoix-Mannato, OECD, STD: "Valuation of Unquoted Shares"

COM/STD/DAF(2009)3

PowerPoint presentation

3.b. 

Country presentations on the method used to valuate unquoted shares
 -- Presentation by Begona Gutierrez del Olmo, Bank of Spain:
"Valuation of shares and other equity in the Financial Accounts of the Spanish Economy:  The discounted value of future profits"
 -- Presentation by Susan Hume McIntosch, FED, USA:
"The 2008 Revision to the Market Value of Quoted and Unquoted  Shares of Corporate Equities in the U.S. Flow of Funds Accounts"
  -- Presentation by Soli Peleg, Bank of Israel:
"Estimation of the value of unquoted shares of enterprises in the public sector" (prepared by Ephraim Lifshitz)

COM/STD/DAF(2009)8

PowerPoint presentation

PowerPoint presentation

COM/STD/DAF(2009)5

PowerPoint presentation

Follow-up: "status of the work and plans for the future", by Patrick O’Hagan, Statistics Canada

 Oral Statement

Progress and future development regarding Financial Accounts and Financial Balance Sheets: main characteristics of the OECD Countries' accounts and proposal for a list of financial indicators, by Michèle Chavoix-Mannato, OECD/STD

COM/STD/DAF(2009)12

PowerPoint presentation

Country presentations
- on financial indicators developed in OECD countries 
  -- Presentation by Patrick O’Hagan, Statistics Canada, "Financial indicators:  Canadian System of National Accounts" 
  -- Presentation by Ismael Ahamdanech-Zarco, Eurostat: "Eurostat financial database and what we can learn from it"
- on analyses based on specific indicators in the context of the financial crisis undertaken in OECD countries 
  -- Presentation by Riccardo Debonis, Bank of Italy:  "The effects of household financial and real wealth on consumption: new evidence from OECD countries"
  -- Presentation by Graeme Walker, Office for National Statistics, United Kingdom:  "Developing Financial Statistics for Policy"
  -- Presentation by Allan Tomas, Statistics Canada:  "A national accounts perspective on recent financial events" 
  -- Presentation by Susan Hume McIntosh, FED, USA:  "Incorporation of Federal Reserve and Federal Government Financial Crisis Programs into the U.S. Flow of Funds Accounts"

COM/STD/DAF(2009)13

PowerPoint presentation

PowerPoint presentation

PowerPoint presentation

COM/STD/DAF(2009)4

PowerPoint presentation

COM/STD/DAF(2009)6

COM/STD/DAF(2009)9

PowerPoint presentation

PowerPoint presentation

5. 

Progress report on the data collection and methodology of non-financial assets and financial assets regarding Institutional Investors, by Eun Jung Kim, OECD/STD

PowerPoint presentation

6. 

Progress report on the data collection and methodology of non-financial assets and financial assets and liabilities regarding Households, by Isabelle Ynesta, OECD, STD

Refinement of the structure of Household Balance Sheet in South Africa, by Karen Kuhn - South African Reserve Bank

 PowerPoint presentation

PowerPoint presentation

7. 

Inter-Agency Group on Economic and Financial Statistics (for information)
Report of the work of the IAGEFS, the PGI, and futurs plans: presentation by Manik Shrestha, Statistics Department, IMF: 'report on the work of the Inter-Agency Group on Economi and Financial Statistics' 

PowerPoint presentation

8.

9.

COM/STD/DAF(2009)14

PowerPoint presentation

10

 Programme of work 2011-2012 (for information)

 oral statement

1.

Introduction

Adoption of the agenda

STD/CSTAT/WPNA/A(2009)1

Adoption of the minutes of the 2008 WPNA meeting

STD/CSTAT/WPNA/M(2008)1

 2.

Implementation of 2008 SNA
Managing the Implementation of SNA, BPM and Related International Standards in an NSO Context (Michael Davies, ABS)
Update on implementation plans:  Herman Smith, UNSD

STD/CSTAT/WPNA(2009)14

PowerPoint presentation

PowerPoint presentation

3.

Accession countries
Feedback from the review of Accession country reports  (Tim Davis - OECD)

4.

Quarterly sectoral accounts
Proposal for the collection of (non-financial and financial) QSA statistics (Jiemin Guo and Michèle Chavoix-Mannato,OECD)
QSA data in EU:  results and future developments (Denis Leythienne - Eurostat)
Reconciliation of quarterly non-financial and financial accounts by the use of unquoted shares and other instruments (Carina Kjersgaard Friis - National Bank of Denmark)
Developing quarterly accounts for the institutional sectors in Chile (Carmen-Gloria Escobar - Central Bank of Chile)

STD/CSTAT/WPNA(2009)4

PowerPoint presentation

PowerPoint presentation

PowerPoint presentation

STD/CSTAT/WPNA(2009)2

PowerPoint presentation

5.

National accounts implications of the financial crises
National presentations on statistics, statistical developments and statistical action plans dealing with the financial crisis – (with a key focus on the measurement, and their comparability, of government interventions) (to be confirmed)
  -  Germany (Albert Braakmann - Statistische Bundesamt) moved to Friday

  -  Netherlands (Bram de Boo - Statistics Netherlands)
  -  United States (Brent Moulton - BEA)

PowerPoint presentation

PowerPoint presentation

PowerPoint presentation

6.

Report by the ‘Commission on the measurement of economic performance and social progress’ (Stiglitz Commission)
Panel Discussion dealing with the main recommendations from the Commission 

Commission on the Measurement Of Economic Performance and Social Progress: Main Recommendations, by J.P. Chapron - Insee

Report on Measurement of Economic Performance and Social Progress, by Michael Davies - Australian Bureau of Statistics

Only available on

Stiglitz Commission Website

PowerPoint presentation

PowerPoint presentation

7.

Conclusions of the WPFS meeting and proposals for 2010