The division of labour and cooperation between Danmarks

Debriefing activity A.4
>>
>>
Overall assessment
 In our point of view the ICBS has already done a
good job compiling the financial accounts with
the data that are available
 We have discussed several topics and overall we
agree with the decisions that ICBS have taken.
We have identified some issues, where ICBS
could look into alternative sources and
methods.
2
>>
A few of the methological issues
 Employee stock options
 Split between head offices and holding
companies
 More detailed calculations of shares in nonfinancial corporations
 Seperating branches abroad
 Monthly revaluations on loans, deposits and
securities
 Estimation of delayed data by using
development of linked instruments or indices.
3
Plan for acquisition of missing
>>
data
 Survey on other financial intermediaries
 Meeting with the Central Bank





ICBS should make a short resume from our meeting
ICBS should make a paper where they prioritize what they
would like from the Central Bank and explain the
importance of reliable financial accounts and FISIM. Send to
MS experts from Denmark at august 15th the latest.
Go through the report at the study visit.
The report should be send to the Bank of Israel. ICBS will
arrange a meeting in the fall. To discuss the wishes and
needs from ICBS.
At the next mission in january we will look at the status and
decide the way forward
4