SDMX Ownership Group for National Accounts incl GFS

SDMX Ownership Group for National Accounts (incl. GFS), BOP and FDI Meeting of the Advisory Expert Group (AEG) on National Accounts September 8 -10, 2014, Washington, DC

SDMX Ownership Group for NA & GFS, BOP, FDI � Background � OG membership and mandate � Maintenance � State agreement and timeline of play and next steps

Background � 2 SDMX implementation projects ◦ …for National Accounts (SNA 2008 / ESA 2010) ◦ …for Balance of Payments (BPM 6) and Foreign Direct Investment (BMD 4) � 2 project steering groups and 2 technical groups � Running from 20011 until 2013 ◦ Publication of V 1. 0 DSDs in September 2013 ◦ End of mandate for steering groups

Ownership Group (OG) � Mandated by SDMX Sponsors in January 2014 � As a single OG for NA & GFS, BOP and FDI � Representation of management from content and SDMX side � Oversees maintenance of SDMX artefacts � Mandated technical groups ◦ 1 on BOP and FDI; 1 on NA and GFS � Close cooperation with IAG Task Force international data cooperation (TFIDC)

OG Membership � ECB: Tjeerd Jellema, Gerard Salou, Henrik Schwartzlose � Eurostat: � IMF: Silke Stapel-Weber, August Götzfried Rene Piche, Ralph Kozlow, Floriana Tanase � OECD: Peter van de Ven, Maria Borga, David Barraclough � UNSD: Herman Smith � Chair: OECD, Secretary: Eurostat � BIS and World Bank as observers

Maintenance Agreement � Maintenance Agencies (MA) defined: ◦ BOP: IMF ◦ FDI: OECD ◦ NA and GFS: Eurostat � MA will only apply changes agreed upon by OG � Change requests may lead to… ◦ Structural changes: major release (e. g. SNA 2025 ) ◦ Annual maintenence release (regular case) ◦ Fast-track maintenance release (only for small changes limited to selected dataflows) (subject to review during next annual release)

Annual Maintenance Timeline � Until April: anybody can request changes � Until June: consolidation of change requests and OG discussion � Until December: consultation with constituencies and implementation planning � December: approval of new version � Until March Y+1: testing and bug-fixing � April Y+1: MA publishes new version

State of Play � V 1. 1 published in Jan 2014 � V 1. 2 in April 2014 in SDMX Global Registry ◦ V 1. 3 fast-track release for NA Sector Accounts (to fix a mistake in one code list) � V 1. 4 regular release currently in preparation � Next OG meeting: November 2014 ◦ Inclusion of IMF GFSM coding ◦ Support for SNA 93 in the context of international data cooperation ◦ Support for additional dataflows (e. g. GNI, EDP) ◦ Minor additions to existing code lists

Next Steps � Implementation of ESA 2010 in Europe ◦ First legal deadlines end-September 2014 ◦ Extensive support of countries during implementation � Fostering SDMX for NA globally ◦ IAG International Data Cooperation pilot projects (Main aggregates and population; Sector Accounts) ◦ Support for SNA 93 within the SDMX-NA package

SDMX Ownership Group for NA & GFS, BOP, FDI � Background � OG membership and mandate � Maintenance � State agreement and timeline of play and next steps � Thank you for your attention