Further to a visit to Guernsey in 2000 by the Statistical Department of the IMF, the Commission agreed to participate in the IMF's Coordinated Portfolio Investment Survey ("CPIS"). The Director of Policy and International Affairs is the CPIS statistician for the Bailiwick and, with effect from 2001, has been responsible for the compilation of these statistics on an annual basis. The Policy and International Affairs Division asks relevant institutions to provide cross-border investment statistics in respect of Guernsey banks, open-ended and closed-ended collective investment funds, insurers, insurance intermediaries/brokers and special purpose vehicles. Institutions are asked to complete the survey forms on a voluntary basis and, to date, the Commission has supplied the IMF with aggregated information from all of the institutions it has approached.