Supplementary Nordic MFI reporting

The Nordic central banks have decided from the beginning of 2006 to start monitoring cross-border balances of Nordic Monetary Financial Institutions (MFIs) as a supplement to the current national MFI reporting. The aim of the monitoring is to ensure that the parties can maintain a high quality of national and, where relevant, euro area monetary statistics.

Supplementary Nordic MFI reporting is introduced via a common reporting template for Nordic MFIs. Supplementary reporting will only be introduced for MFIs, where the transfer/build-up of balances between the Nordic countries is considered to be significant by the parties.