Updates
31 March 2025
Bank of England Statistics Taxonomy 1.3.1 PWD release note
Following Green Notice 2024/01, the Bank of England has released a public working draft (PWD) of the updated taxonomy and data point model (DPM). The reporting requirements remain unchanged with this update, so our published definition documents should continue to be used. This release aims to address known issues in data modelling and validation rules and refine the data model to ensure alignment with these definitions.
As previously outlined in Green Notice 2024/01, the Bank’s Statistical Utility tool will be withdrawn with this update to the DPM. An alternative solution for reporting XBRL includes using one of our recognized software houses listed, who offer electronic reporting facilities.
We have provided the Data Point Model (DPM), annotated templates and data dictionary to request industry feedback on the proposed data point modelling and business validation rules.
We invite feedback from firms and software vendors on the PWD technical artefacts to uktaxonomypwdfeedback@bankofengland.co.uk by Friday 30 May 2025.
Statistics Taxonomy 1.3.1 PWD should not be used for reporting. A final version of the taxonomy and DPM will be published once the policy proposals have been finalised in due course. The Bank will update the taxonomy if any issues are identified in Statistics Taxonomy 1.3.1 PWD by the external firms and industry. The Bank will also publish the first reporting period that the new taxonomy will take effect from.
To find out more information please visit Statistical Reporting.
5 February 2025
BEEDS Reporting Schedules 2025
In light of the recent results from The BEEDS External Survey and the additional functionalities users would like to see on the platform in the future. A number of BEEDS users expressed a need for forward schedules within BEEDS.
Unfortunately, as we do not currently have the functionality to generate forward schedules within BEEDS, The BEEDS team have produced a PDF table for your specific collections (Branch Returns, Buy-to-Let Mortgage data, Capital+, Credit Unions, Form MC, CSDR, Leverage Ratio, MREL and Solvency UK) reporting schedule for 2025 on our external BEEDS web page as part of your individual collections documentation to view.
We hope you find this additional information useful.
8 January 2025
See the December 2024 edition of the BEEDS Newsletter. This issue includes updates on the BEEDS Customer Satisfaction Survey results, improvements to the platform and resources, and an overview of our plans for the new data collection platform.
We greatly value your feedback and encourage you to reach out to us at BEEDSQueries@bankofengland.co.uk if you have any questions, suggestions, or comments regarding the newsletter or BEEDS in general.