Regulatory Alerts2026-02-09
Green notice 2026/01: Consultation on Discontinuation of Form BN Data Collection
The Bank of England issued Green notice 2026/01 to update its consultation on discontinuing Form BN data collection, noting unanimous respondent support for reduced reporting burdens. Although some firms report limited savings due to integrated internal processes, the Bank will evaluate whether Forms CC and CL can adequately replace Form BN for Office for National Statistics requirements. Firms must continue submitting Form BN until the Bank completes this assessment and publishes final changes in a subsequent Statistical notice.
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