Statistical Notice 2023/05 - Statistical reporting to the Bank webpages are being updated on 31 July 2023

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
Published on 21 July 2023

Statistical notice 

What’s changing?

  1. The main statistical reporting webpage will be updated to provide more comprehensive information for firms and an improved user experience. This is achieved by having a more logical structure, clearer headings and new useful content. 
  2. New dedicated pages for Form DQ and Form BT are being created to present the most critical information, which users have told us they require. 

There will be no change to the core documentation used to support reporting to the Bank. 

Why are we making these changes?

The Bank of England (the Bank) and the Financial Conduct Authority (FCA) are working together with industry to transform data collection from the UK financial sector. As part of our joint transformation programme we are working to provide better reporting landing pages to support our effort to reduce the burden on firms. Read more about our progress.

Why are we only creating dedicated pages for Form DQ and Form BT?

We are working in an agile way. We collaborated with users to optimise the design of these pages initially. Once these pages are in use, we intend to continue to monitor and evaluate the designs as they are being used by firms. This will inform any future design for additional forms’ landing pages.

How can I provide feedback?

When the pages are live, a feedback survey will be launched to measure user experience. There will be a link to the survey on the pages and it will be open to all users. We would encourage users to complete the survey between 31 July and 4 September 2023. If the pages are well received, it will enable us to build a business case to roll out the design across all statistical returns and explore further enhancements.

Footnote

A summary of all Statistical Notice items that are yet to come into effect are also available to view on the Statistical notices page. Statistical Notices should be received by all those responsible for the completion of Bank of England returns. To amend the circulation list please subscribe.