The Bank for International Settlements’ Irving Fisher Committee on Central Bank Statistics (IFC) published its 2025 Annual Report, approved by the BIS All Governors’ meeting, reviewing governance developments and the Committee’s work on central bank statistics and broader data issues. It highlights new Terms of Reference endorsed in May 2025 that clarify governance and formally expand the IFC mandate to issues related to data and their use in central banks, with a stated 2026 objective to review strategic priorities and activities to align with this revised remit. Membership reached 110 institutions at end-2025, with the central banks of Bahrain and Mauritania and the Arab Monetary Fund joining, and Reserve Bank of Australia Governor Michele Bullock taking over as Chair in September 2025. Work in 2025 focused on four areas: micro data, data science and artificial intelligence, data governance and sustainable finance, including collaboration under the G20 Data Gaps Initiative phase 3 on microdata-sharing and SDMX coordination; publications on corporate financial statements, SDMX adoption and AI implementation in central banks; and initiatives to improve comparability of green finance indicators and advance measurement of the carbon content of economic output, including work towards a product-level emissions data platform. Planned activity includes a 2026 workshop with Banco de Portugal on data security and privacy procedures, an international conference on real estate statistics co-organised with Eurostat, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the Bank of Japan and Hitotsubashi University, and the 13th IFC Biennial Conference in Basel on 20–21 August 2026 on post-crisis data collection efforts and new data types and techniques.
Bank for International Settlements - Irving Fisher Committee on Central Bank Statistics 2026-01-21
Bank for International Settlements Irving Fisher Committee on Central Bank Statistics publishes 2025 annual report under broadened mandate and new chair Michele Bullock
The Bank for International Settlements’ Irving Fisher Committee on Central Bank Statistics published its 2025 Annual Report, highlighting governance developments, an expanded mandate on data issues, and strategic priorities for 2026. Membership grew to 110 institutions, with new members including the central banks of Bahrain and Mauritania, and initiatives focused on micro data, AI, data governance, and sustainable finance.