Information on financial soundness indicators as per International Monetary Fund (IMF) requirements, compiled by Latvijas Banka and Financial and Capital Market Commission is published here.
The IMF Executive Board has consistently underscored the importance of FSIs in addressing financial sector soundness, facilitating financial sector surveillance, increasing the transparency and stability of financial systems, and strengthening market discipline.
A list of 40 FSIs was approved by the IMF Executive Board: 25 for the sector of deposit takers (of which 12 are core FSIs), and 15 other, including financial corporations (2 indicators); non-financial corporations (5 indicators); households (2 indicators); market liquidity (2 indicators); and real estate markets (4 indicators).
The list of FSIs and the methodology of their compilation were subjected to a first review following a pilot exercise – the Coordinated Compilation Exercise for FSIs (CCE) – in which 62 countries participated. The concepts and definitions, and sources and techniques for the compilation of FSIs are set out in the Financial Soundness Indicators: Compilation Guide (FSI Guide) and its Amendments , which were made based on the results of the CCE.
In line with the IMF Executive Board guidance, a framework for regular collection of FSIs from IMF member countries and dissemination of FSIs to the public has been developed and implemented.
Until 2010, Latvia compiled and reported to the IMF all core FSIs as well as encouraged FSIs for Deposit Takers and real estate markets on an annual basis.
Currently, Latvia compiles all core FSIs and encouraged FSIs for Deposit Takers and reports them to the IMF on a quarterly basis.
Metadata for Latvia as well as the indicators and metadata for other countries are available on the IMF website.