« Previous | Contents | Next »

Balance of Payments Manual 5th Edition (BPM5)

The IMF accounting and reporting functions are governed by a set of rules and regulations from their internally produced Balance of Payments Manual. This manual regulates how reporting should be handled by central banks across a large spectrum of issues including, but not limited to, treasury repos, currency valuations, deposit receipts, currency swaps, and gold swaps and loans. IMF committees have the constant charge of reviewing and studying various issues on a regular basis to ensure that IMF policies in the manual are as up to date and fair as possible. The latest full-scale review of the manual began in 2005 and is scheduled for full implementation in 2008.

« Previous | Contents | Next »