LIST OF STATISTICAL ACTIONS OF EESTI PANK in under the official statistical programme

Transcription

1 Annex to Eesti Pank Governor s Decree No 2 of 19 January 2016 List of statistical actions of Eesti Pank under LIST OF STATISTICAL ACTIONS OF EESTI PANK in under programme 1

2 Statistical action Reference period or moment Data publication term Legal basis Anticipated cost in 2016 (in thousands of ) Output indicators Planned changes in methods 1. Balance of payments flash estimate 2. Quarterly balance of payments current account and national restoftheworld nonfinancial account 3. Quarterly balance of payments financial account, international investment position and external debt statement Month Quarter Quarter Reporting month + 42 calendar days Reporting month + 70 calendar days Reporting quarter + 70 calendar days Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act GUIDELINE OF THE EUROPEAN CENTRAL BANK of 9 December 2011 on the statistical reporting requirements of the European Central Bank in the field of external statistics (ECB/2011/23) GUIDELINE OF THE EUROPEAN CENTRAL BANK of 30 July 2013 amending Guideline ECB/2011/23 on the statistical reporting requirements of the European Central Bank in the field of external statistics (ECB/2013/2) REGULATION (EC) No 184/200 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 12 January 200 on Community Statistics concerning balance of payments, international trade in services and foreign direct investment GUIDELINE OF THE EUROPEAN CENTRAL BANK of 9 December 2011 on the statistical reporting requirements of the European Central Bank in the field of external statistics (recast) (ECB/2011/23) COMMISSION REGULATION (EU) No /2012 of 22 June 2012 amending Regulation (EC) No 184/200 of the European Parliament and of the Council on Community Statistics concerning balance of payments, international trade in services and foreign direct investment, as regards the update of data requirements and definitions Quarterly national financial accounts Quarter Reporting quarter calendar days Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act GUIDELINE OF THE EUROPEAN CENTRAL BANK of 2 July 2013 on the statistical reporting requirements of the European Central Bank in the field of quarterly financial accounts (recast) (ECB/2013/24) International reserves and foreign currency liquidity under the IMF special data dissemination standard (SDDS) Month Reporting month + 7 calendar days Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act 2 Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act 6. Annual statistics on the economic indicators of foreign affiliates (FATS) Year For Eurostat purposes, reporting year + 20 months REGULATION (EC) No 716/2007 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 20 June 2007 on Community Statistics on the structure and activity of foreign affiliates COMMISSION REGULATION (EC) No 747/2008 of 30 July 2008 amending Regulation (EC) No 716/2007 of the European Parliament and of the Council on Community Statistics on the structure and activity of foreign affiliates, as regards the definitions of characteristics and the implementation of NACE Rev

3 Statistical action Reference period or moment Data publication term The legal basis Anticipated cost in 2016 (in thousands of ) Output indicators Planned changes in methods 7. International travel statistics Quarter Reporting quarter + 40 calendar days Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act Service provision and quality management for the Centralised Securities Database of the European Central Bank (ECB) Month For ECB purposes, reporting month + 8 working days Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act GUIDELINE OF THE EUROPEAN CENTRAL BANK of 26 September 2012 on the data quality management framework for the Centralised Securities Database (ECB/2012/21) Statistics on holdings of securities Quarter For ECB purposes, reporting quarter + 63 calendar days Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act REGULATION (EU) No 1011/2012 OF THE EUROPEAN CENTRAL BANK of 17 October 2012 concerning statistics on holdings of securities (ECB/2012/24) Estonian Household Finance and Consumption Survey Year 2018 Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act Aggregated balance sheet statement of savings and loan associations Month Reporting month + 17 working days Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act Aggregated income statement of savings and loan associations Quarter Reporting quarter + 17 working days Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act Effective exchange rate indices of competitiveness Month Reporting month + 42 calendar days Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act

4 Annex 1 Output indicators of statistical action Balance of payments flash estimate Methodological standards and classifications: BPM6 Balance of Payments Manual 6 th edition System of National Accounts (SNA) 2008 ESA 2010 European System of Accounts 2010 Classification Number of Current account Purchase of goods from and sale of goods to nonresidents Purchase of services from and sale of services to nonresidents Primary income receivable from and payable to nonresidents Secondary income receivable from and payable to nonresidents Capital account Financial account balance / net external borrowing Foreign direct investments assets and liabilities Portfolio investments receivables and liabilities Balance of crossborder transactions with financial derivatives Other foreign investments receivables and liabilities Nonresident s country group: total / euro area / noneuro area / EU / noneu Nonresident s country group: total / euro area / noneuro area / EU / noneu Type of income: salary, direct investment income (incl. reinvested income by the institutional sectors of ESA 2010) / portfolio investment income / other investment income / other 1 income Nonresident s country group: total / euro area / noneuro area / EU / noneu Nonresident s country group: total / euro area / noneuro area / EU / noneu Nonresident s country group: total / euro area / noneuro area / EU / noneu Nonresident s country group: total 1 Assets/liabilities 2 Type of capital: share capital / other direct investment capital 2 Nonresident s country group: total / euro area / noneuro area 3 Assets/liabilities 2 Type of security: equity security / shortterm debt security / longterm debt security 3 Resident s sector: central bank / money market funds / other MFIs / general government / other sectors Nonresident s sector: central bank / money market funds / other MFIs / general government / other sectors Nonresident s country group: total / euro area / noneuro area 3 Nonresident s country group: total / euro area / noneuro area 3 Assets/liabilities 2 Resident s sector: central bank / money market funds / other MFIs / general government / other sectors

5 Nonresident s country group: total / euro area / noneuro area 3 Reserve assets Nonresident s country group: total 1

6 2 Output indicators of statistical action Quarterly balance of payments current account and national restoftheworld nonfinancial account Methodological standards and classifications: BPM6 Balance of Payments Manual 6 th edition System of National Accounts (SNA) 2008 ESA 2010 European System of Accounts 2010 International Standard Codes for the Representation of the Names of Countries (ISO 3166) Combined Nomenclature 2011 (CN 2011) EMTAK 2008 Estonian Classification of Economic Activities 2008; Statistical Classification of Economic Activities in the European Community (NACE Rev. 2) Quantitative Current account Purchase of goods from and sale of goods to nonresidents Purchase of services from and sale of services to nonresidents Primary income receivable from and payable to nonresidents Secondary income receivable from and payable to nonresidents Capital account Number of Classification Type of goods: CN Type of goods: classification of goods under BPM6 9 Resident s sector: national accounting sector (ESA 2010) 1 Type of service: classification of services under BPM6 90 Type of income: classification of primary income under BPM6 49 Resident s sector: national accounting sector (ESA 2010) 1 Type of transaction: classification of secondary income under BPM6 22 Resident s sector: national accounting sector (ESA 2010) 1 Type of transaction: classification of capital account under BPM6 17

7 3 Output indicators of statistical action Quarterly balance of payments financial account, international investment position and external debt statement Methodological standards and classifications: IMF External Debt Statistics (2003) OECD Benchmark Definition of Foreign Direct Investments, 4 th Ed BPM6 Balance of Payments Manual 6 th edition System of National Accounts (SNA) 2008 ESA 2010 European System of Accounts 2010 International Standard Codes for the Representation of the Names of Countries (ISO 3166) EMTAK 2008 Estonian Classification of Economic Activities 2008; Statistical Classification of Economic Activities in the European Community (NACE Rev. 2) International investment position Financial account balance / net external borrowing Foreign direct investments Number Classification of Liabilities/assets/net 3 Resident s sector: national accounting sector (ESA 2010) 1 Resident s sector: national accounting sector (ESA 2010) 1 Position at the beginning of the period / transactions (net) / revaluations / other changes / position at the end of the period In Estonia / abroad 2 Type of capital: share capital and reinvested earnings / other direct investment capital 2 Assets/liabilities 2 Direct counterparty country: ISO Beneficial owner s country: ISO Nonresident direct investment company s field of activity: EMTAK National accounting instrument (ESA 2010) 29 Resident s sector: national accounting sector (ESA 2010) 1 Type of equity transaction: classification of transactions under BD4 4

8 2 Portfolio investment Foreign investments in financial derivatives Other foreign investments Reserve assets External debt Number of Classification Position at the beginning of the period / transactions (net) / revaluations / 6 other changes / position at the end of the period Assets/liabilities 2 Type of security: equity security and investment fund unit / debt security / longterm debt security / shortterm debt security 4 Residual maturity: over 1 year / less than 1 year 2 Currency: EUR / USD / other currency 3 National accounting instrument (ESA 2010) 29 Resident s sector: national accounting sector (ESA 2010) 1 Position at the beginning of the period / transactions (net) / revaluations / other changes / position at the end of the period Assets/liabilities 2 Central bank / general government / credit institutions / other sectors 4 Resident s sector: national accounting sector (ESA 2010) 1 Position at the beginning of the period / transactions (net) / revaluations / other changes / position at the end of the period Assets/liabilities 2 Trade credit / loans / currency and deposits / other receivables 4 Central bank / general government / credit institutions / other sectors 4 Contractual maturity: longterm / shortterm 2 National accounting instrument (ESA 2010) 29 Resident s sector: national accounting sector (ESA 2010) 1 Position at the beginning of the period / transactions (net) / revaluations / other changes / position at the end of the period Classification of reserve assets under BPM6 14 ECB reserve assets template 21 National accounting instrument (ESA 2010) 29 Liabilities/assets/net 3 Central bank / general government / credit institutions / other sectors / direct investments: intercompany lending Contractual maturity: shortterm / longterm 2 Resident s sector: national accounting sector (ESA 2010) 1

9 4 Output indicators of statistical action Quarterly national financial accounts Methodological standards and classifications: ESA 2010 European System of Accounts 2010 Financial assets Financial liabilities Net lending/borrowing Number Classification of Position at the beginning of the period / transactions (net) / revaluations / other changes / position at the end of the period Economic sector: classification of institutional sectors under ESA Instrument: classification of instruments under ESA Counterparty s economic sector: classification of institutional sectors under ESA Residence (loans, debt securities, listed shares and investment fund shares or units): Estonia / other euro area / noneuro area 3 Position at the beginning of the period / transactions (net) / revaluations / other changes / position at the end of the period Economic sector: classification of institutional sectors under ESA Instrument: classification of instruments under ESA Counterparty s economic sector: classification of institutional sectors under ESA Residence (deposits only): Estonia / other euro area / noneuro area 3 Economic sector: classification of institutional sectors under ESA

10 Output indicators of statistical action International reserves and foreign currency liquidity under the IMF special data dissemination standard (SDDS) Methodological standards and classifications: IMF Data Template on International Reserves/Foreign Currency Liquidity (DTIR) Reserve assets and other foreign currency assets (market value) Predetermined shortterm net drains on foreign currency assets (nominal value) Contingent shortterm net drains on foreign currency assets (nominal value) Number of Classification Classification of entries under DTIR 2 Classification of entries under DTIR 14 Maturity breakdown by residual maturity: total / up to 1 month / more than 1 and up to 3 months / more than 3 months and up 4 to 1 year Classification of entries under DTIR 44 Maturity breakdown by residual maturity: total / up to 1 month / more than 1 and up to 3 months / more than 3 months and up 4 to 1 year Memo items Classification of entries under DTIR 32

11 6 Output indicators of statistical action Annual statistics on the economic indicators of foreign affiliates (FATS) Methodological standards and classifications: Regulation (EC) No 716/2007 of the European Parliament and of the Council of 20 June 2007 on Community statistics on the structure and activity of foreign affiliates Commission Regulation (EC) No 747/2008 of 30 July 2008 amending Regulation (EC) No 716/2007 of the European Parliament and of the Council on Community statistics on the structure and activity of foreign affiliates, as regards the definitions of characteristics and the implementation of NACE Rev. 2 Classifiable s Number of Number of foreign affiliates of Estonian companies (except in EU) Annual average number of employees of foreign affiliates of Estonian companies (except in EU) Annual sales revenue of foreign affiliates of Estonian companies (except in EU) Affiliate's country of location: ISO Nonresident direct investment company s field of activity: EMTAK Affiliate's country of location: ISO Nonresident direct investment company s field of activity: EMTAK Affiliate's country of location: ISO Nonresident direct investment company s field of activity: EMTAK

12 7 Output indicators of statistical action International travel statistics Explanation: The data are collected through statistical models built on the information gathered via anonymous mobile positioning on the crossborder movement of passengers over the Estonian border. The mobile positioning system is used to register a person s visit to a foreign country on the basis of phone roaming in the coverage area of the foreign mobile operator during the person s stay outside the country of residence. The methodology was developed jointly by Eesti Pank, the University of Tartu and OÜ Positium LBS. The data are collected and processed by OÜ Positium LBS, with whom Eesti Pank has entered into a public cooperation contract. Eesti Pank uses international travel statistics as an input for balance of payments in the calculation of travel services exports and imports for the current account. Methodological standards and classifications: BPM6 Balance of Payments Manual 6 th edition International Standard Codes for the Representation of the Names of Countries (ISO 3166) Classifiable s Number of Nonresidents visits to Estonia Country of origin: ISO Number and total duration of visits 4 Estonian residents visits to foreign countries Country of destination: ISO Number and total duration of visits 4

13 8 Output indicators of statistical action Service provision and quality management for the Centralised Securities Database of the European Central Bank (ECB) Methodological standards and classifications: GUIDELINE OF THE EUROPEAN CENTRAL BANK of 26 September 2012 on the data quality management framework for the Centralised Securities Database (ECB/2012/21) ESA 2010 European System of Accounts 2010 EMTAK 2008 Estonian Classification of Economic Activities 2008; Statistical Classification of Economic Activities in the European Community (NACE Rev. 2) Classifiable s Number of Shares of Estonian companies traded on NASDAQ OMX Tallinn Stock Exchange Price 1 Classification of price type 13 Dividend 2 Price 1 Estonian investment funds Classification of price type 13 Fund classification 414 Residual value of security 1 Classification of security: ESA 9 3 ECB classification of coupon frequency 10 ECB classification of debt type 13 Estonian bonds CFI classification of security 38 ECB classification of coupon type 6 ECB classification of redemption type 9 ECB classification of issuer sector 22 Issuer s field of activity: EMTAK

14 9 Output indicators of statistical action Statistics on holdings of securities Methodological standards and classifications: REGULATION (EU) No 1011/2012 OF THE EUROPEAN CENTRAL BANK of 17 October 2012 concerning statistics on holdings of securities (ECB/2012/24) ESA 2010 European System of Accounts 2010 International Standard Codes for the Representation of the Names of Countries (ISO 3166) Classifiable s Number of Institutional sector: ESA Holder s country: ISO Value based on the ISIN of the security ECB classification of source 4 ECB classification of investment type 3 ECB classification of quotation basis 2 ECB classification of value type 3 ECB classification of confidentiality 3 The need to present aggregated data has not been taken into account in the description of the statistical action, as this is voluntary for the Member States. The need to present data on individual banking groups has not been taken into account in the description of the statistical action, as no head offices of significant banking groups are located in Estonia.

15 Annex 10 Registerbased continuation of the time series of the statistical action Estonian Household Finance and Consumption Survey Methodological standard: ECB Manual of Procedures for the Conduct of the Household Finance and Consumption Survey (HFCS) For the second time, Eesti Pank is organising the panestonian Household Finance and Consumption Survey (HFCS) within the framework of the ESCB research network. The HFCS is conducted in standard form by all euro area countries and this survey is carried out on a regular basis with a maximum interval of three years. The coordinated household survey covering the euro area eliminates a significant deficit in the microlevel data describing the financial behaviour of households. This, in its turn, facilitates the implementation of a single monetary policy and helps to ensure financial stability in the euro area. The ECB is responsible for compiling a single database for the euro area and calculating the macrolevel indicators thereof. The HFCS questionnaire has two parts: one for the whole household and one for each separate member of the household. The part of the questionnaire intended for the household gives an overview of the following: household assets and asset financing; other monetary obligations and credit barriers; companies and financial assets owned by the household; intergenerational transfers and gifts; consumption and saving. The part of the questionnaire intended for household members includes the following: demographic data and employment status; pension to be paid in the future; income from work activity. The primary objective of HFCS is to collect structural microlevel data giving an overview of the assets and financial liabilities of households. The data collected by the survey on household assets, debt, income and consumption give an overview of several aspects of economic structure and thereby provide important input into the implementation of central bank policies, ranging from monetary policy to financial stability and payment systems. Information about the distribution of wealth, debt and income is very important in order to analyse better the transmission mechanisms of macroeconomic shocks. Both the interview method and information from various registers are used in parallel for the survey. For registerbased surveys, information is requested from credit institutions, leasing and life insurance companies, the Estonian Central Securities Depository, the Land Register, the Tax and Customs Board, the Health Insurance Fund, the Social Insurance Board, the Unemployment Insurance Fund, etc. Registerbased data are requested on the basis of the sample of the survey. Initial timetable: Preparatory stage: 2016 Conducting the basic survey: 1 st half of 2017 Registerbased survey: 2 nd half of 2016 and 1 st half of 2017 Processing, analysis and publication of data: 2018

16 Annex 11 Output indicators of statistical action Aggregated balance sheet statement of savings and loan associations Methodological standard: Eesti Pank Governor s Decree No 8 of 6 November 2012 Establishment of requirements to the contents and form of savings and loan associations balance sheet statement and income statement and the procedure of submitting the reports to Eesti Pank [RT I , 1 entry into force: 1 January 2013] Classifiable s Number of Assets Division of assets under the savings and loan association s balance sheet statement scheme 42 Liabilities and equity capital Division of liabilities and equity under the savings and loan association s balance sheet statement scheme 9 Number of members of the savings and loan association 1

17 Annex 12 Output indicators of statistical action Aggregated income statement of savings and loan associations Methodological standard: Eesti Pank Governor s Decree No 8 of 6 November 2012 Establishment of requirements to the contents and form of savings and loan associations balance sheet statement and income statement and the procedure of submitting the reports to Eesti Pank [RT I , 1 entry into force: 1 January 2013] Income, expenses and profit Classifiable s Division of entries under the savings and loan association s income statement scheme Number of 6

18 Annex 13 Output indicators of statistical action Effective exchange rate indices of competitiveness Methodology and classifications: Viilmann, Natalja. The evaluation of the real exchange rate of the Estonian kroon on the basis of different indicators [Tallinn] : Eesti Pank, pages. Papers of Eesti Pank, ISSN X International Standard Codes for the Representation of the Names of Countries (ISO 3166) Effective exchange rate of the euro against Estonia s principal trading partners Real effective exchange rate of the euro against Estonia s principal trading partners Classifiable s Country group: total / euro area / noneuro area Country group: total / euro area / noneuro area Number of 3 3