Balance of Payments Data Production According to BPM6: the Bank of Italy's Experience
The 2015 programme of technical cooperation seminars and workshops proceeds with a seminar on Balance of Payments Data Production.
The ECB has recently revised the external statistical data requirements according to the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) and the new Guidelines have been recently adopted in the euro area.
Against this background, the Bank of Italy has re-engineered its balance-of-payments data production process according to the new international standards.
The seminar will illustrate Bank of Italy’s methodology of data collection and production for the main balance-of-payments items; for each item, the transition to the new BPM6 standards will be specifically treated.
Participants are representatives from central banks of new EU member states, EU candidates and potential candidates, countries included in the EU neighbourhood policy and other emerging economies. Some of them will explain peculiar aspects of their national data collection/production systems and the transition to BPM6.
Participation is by invitation only and is reserved to central banks.
Utility links
-
International technical cooperation
For over 20 years, the Bank of Italy has been organizing staff training activities and consultancy with central banks and similar institutions in the emerging countries. Through its international technical cooperation work, the Bank of Italy helps to strengthen the institutional capacities of the beneficiary institutions, in part in order to promote international financial stability.