ECCB 2014-2015 Annual Report and Statement of Accounts - page 46

ECCB
ANNUAL REPORT 2014/2015
32
EASTERN CARIBBEAN CENTRAL BANK
• 
Executing standard work programme activities
which involve the production of the Annual
Economic and Financial Review for 2014 and
the Quarterly Economic and Financial Reviews
for 2015, participate in technical missions to
member states and provide advice on policy
matters through the production of policy briefs
and sector work;
• 
Preparing joint reports for the member
countries using the Financial Programming
and Debt Sustainability Analysis Reporting
Framework;
• 
Participating in a CARTAC Sponsored Boot
Camp, during May 2015;
• 
Assisting the member countries in the
preparation and implementation of fiscal and
debt management programmes; and
• 
Working closely with the Bank Supervision
Department in the implementation of the Bank
Resolution Strategy aimed at strengthening the
financial sector.
S
tatistics
Some areas of focus for the DMAS Project in the
upcoming financial year are:
• 
Standardisation of Public Debt Statistics in the
ECCU;
• 
Upgraded Debt Databases and training on the
new version of the CS-DRMS software;
• 
Regional Strategy for Debt Relief and Debt
Sustainability; and
• 
Continued utilisation of debt management tools
such as Medium Term Debt Strategies, Debt
Portfolio Reviews and Debt Sustainability
Analyses.
During the financial year 2015/2016 the following
will be undertaken:
• 
Implementing Phase II of the SAS Statistical
Enterprise Solution which will focus on
incorporating the revised commercial bank
prudential returns and will expand the database
to include data submitted by the non-bank
financial institutions regulated by the ECCB;
and
• 
Implementing the recommendations of the
2008 SNA that are applicable to the ECCU and
rebasing the national accounts commencing
with the move to ISIC Rev 4, which is a newer
classification system for the national accounts
statistics.
SUPPORT FOR ECONOMIC
DEVELOPMENT
C
onferences
and
S
eminars
The Bank will host the following conferences:
• 
20
th
Sir Arthur Lewis Memorial Lecture on 4
November 2015
• 
26
th
Annual Commercial Banks Conference
during 5-6 November 2015
• 
OECS Essay Competition Regional Discussion
C
orporate
R
elations
The Bank will:
• 
Expand networks, deepen collaboration with
partners and develop stakeholder relationships
through training and the development of
initiatives;
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