1. Proposals for the 2012 WPFS meeting and for the Biennium 2013-2014
Working Party on Financial Statistics
24-25 October 2011
By the WPFS Bureau and the OECD Secretariat
STD Directorate, NAD Division, QNA&FS Section

2. Proposals for the 2012 WPFS meeting
Methodological issues
Financial Risks for Households
Micro-Macro analysis
Ageing population and pensions
Mortgage loans
How many households will face financial risks when retiring?
What are the characteristics (multi-criteria) of the households which will face financial risks when retiring?
How risky are the pensions for households?
How costly are the pensions for households?
To which types of risks (in pensions, in equity in SMEs ..) will the households be confronted when they retire?
What is the role of institutional investors against the background of an ageing population?
STD / NAD / QNA&FS

3. Proposals for the 2012 WPFS meeting
Methodological issues
Follow-up of the Workshop on the 2008 SNA implementation
Result of the survey on the Implementation of the SNA/ESA 2010
Remaining conceptual issues on financial instrument breakdown
Not yet solved conceptual/interpretational issues or conceptual issues arising when implementing the new requirements of the 2008 SNA/ESA 2010
STD / NAD / QNA&FS

4. Proposals for the 2012 WPFS meeting
Statistics and Analysis
Consistency between DAF and STD data on Insurance companies and Pension funds
Improved coverage of the Households’ Assets and Liabilities dataset, including on non-financial assets, in particular dwellings
Proposed indicators on Households’ wealth and debt
Development of Financial Accounts in EE5 countries
STD / NAD / QNA&FS

5. Proposals for the 2012 WPFS meeting
Possible Workshop:
Measurement of pension funds and other long- term savings schemes, including unfunded pension schemes
The Working Party will aim at improving the international comparability of definitions and statistical concepts for the institutional investors/ funds management industries that support the considerable amount of household wealth in such schemes
Other proposals
STD / NAD / QNA&FS

6. Preparation of the Biennium 2013-2014
Questionnaire regarding priorities to proposed actions for the Biennium
Possible actions to be carried out by the WPFS, based on the Mandate of the WPFS (see following slides)
Comments and suggestions on projects that could be pursued and/or initiated by the WPFS
Additional proposals by the WPFS Delegates
In the framework of the written procedure
Using the new Clearspace system
STD / NAD / QNA&FS

7. Preparation of the Biennium 2013-2014
Results to be used by the Secretariat
to elaborate the final content of the proposed work programme for
and to enhance its relevance and policy impact for OECD member countries
Detailed list of projects to be conducted over the next biennium
Precise definitions of the WPFS medium to long-term objectives
STD / NAD / QNA&FS

8. Proposals for the Biennium 2013-2014
Collection/Dissemination of Comprehensive Financial Statistics
Improvement of the collection of Quarterly financial Accounts and Financial Balance Sheets, according to the recommendation 15 of the G20 data gaps initiative
Improvement of the SNA related databases on Households and Institutional Investors
Development/Improvement of the collection of Public Sector Debt Statistics
STD / NAD / QNA&FS

9. Proposals for the Biennium 2013-2014
Harmonisation of financial statistics across countries
From-Whom-to-Whom tables: connection with micro data
Comparison of Public and Private Pensions in OECD Countries
Other types of Households Investments/Savings (Investments Funds, Dwellings ..)
STD / NAD / QNA&FS

10. Proposals for the Biennium 2013-2014
Exchange of Information and Experience
The Working Party will try to respond to financial challenges
Still to be defined
Enhanced engagement of key non-members
Follow-up of the work carried out on and with Russia and with EE5 countries
STD / NAD / QNA&FS

11. Finalisation of the PoW 2013-2014
Written Procedure during 2012
Draft Programme of Work for the Biennium to be finalised by the Secretariat
Final discussion and approval at the November 2012 WPFS meeting
STD / NAD / QNA&FS