WASHINGTON: The International Monetary Fund (IMF) has upgraded its financial soundness indicators (FSIs) database to fully reflect methodological improvements introduced in the 2019 Financial Soundness Indicators Compilation Guide (2019 FSIs Guide). The new FSI database enhances the coverage and cross-country comparability of data, following the more prescriptive approach of the 2019 FSIs Guide, said a press statement issued on Thursday. It also incorporates a set of new indicators on concentration and distribution measures (CDMs), which provide information on tail risks, concentrations, and variations in distributions that are not directly captured by the aggregated averages. FSIs are key macro-financial indicators to assess the overall soundness of the financial system. The original database was launched in 2007. TLTP
